Settings8H · net · $10k
Funding arb · Price arb /

IWM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Phemex−0.012%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.012%, 7d avg −0.001%
Together, before fees+0.183%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex IWMUSDT285.950get 0.0000% / 8h2h 51m$766K$79K10x
ShortVariational Omni IWM285.910get 0.0000% / 8h2h 51m$160K$207K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.012% → −0.001%
−$1.12
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$13.12
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 61 min ago; Variational Omni: RFQ quote, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 61 min ago1.22 bp68.1 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 62 min ago2.08 bpdoesn't fit65.7 bp −$657doesn't fitdoesn't fit

IWM on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IWMUSDT0.0000%8h285.69−0.091%$2K$22120xas long as short
Binance IWMUSDT0.0000%8h285.96+0.003%$1.1M$1.1M20xas long as short
Bybit IWMUSDT0.0000%8h285.55−0.140%$554K$61K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h285.78−0.059%$401K$117K20xas long as short
Gate IWM_USDT0.0000%8h285.92−0.010%$609K$159K20xas long as short
MEXC IWM_USDT0.0000%8h285.82−0.045%$886K$81K50xas long as short
Bitget IWMUSDT0.0000%8h285.87−0.028%$443K$14K20xas long as short
Variational Omni IWMshort0.0000%8h285.91−0.012%$160K$207K
SunX IWM-USDT0.0000%8h285.97+0.007%$1K$467K10xas long as short
HTX IWM-USDT0.0000%8h285.83−0.042%$532$37K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex IWMUSDTlong0.0000%8h285.95long leg$766K$79K10x
BloFin IWM-USDT+0.0029%8h285.98+0.010%$65K$32K20xas long as short
Lighter IWM+0.0032%1h285.75−0.070%$75K$19K10xas long as short
Markets by Kinetiq mkts:SMALL2000+0.0046%1h285.43−0.182%$566K$371K20xas long as short
Vest IWM-USD-PERP+0.0046%1h285.44−0.178%25xas long as short
KuCoin IWMUSDTM+0.0100%8h285.91−0.014%$138K$852K20xas long as short
GRVT IWM_USDT_Perp+0.0634%8h285.92−0.011%$297$108K10xas long as short