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

IWM

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h +0.044%
Price spread now: GRVT against SunX−0.049%46s7-day average +0.048% · 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 7 days+0.051%+$5 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.049%, 7d avg +0.048%
Together, before fees+0.127%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.097% cheaper against SunX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.048%). If the spread goes back, that is −$10 on $10k: about 4.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.051% in total) that is about 13 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IWM-USDT287.360get 0.0000% / 8h5h 29m$652$464K10x
ShortGRVT IWM_USDT_Perp287.220.0077get 0.0077% / 8h5h 29m$910$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against SunX. 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
$16.17
Price spread: −0.049% → +0.048%
−$9.65
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$10.48
Costs to cover
0.170%
Break-even
11.5 days
Slippage unknown: SunX: live order book, 5 min ago; GRVT: live order book, 14 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 SunX live order book, 5 min ago500.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 14 min ago1.57 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit

IWM on 17 exchanges

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%8h287.03−0.115%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h287.05−0.108%$569K$74K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h287.35−0.003%$402K$213K20xas long as short
Gate IWM_USDT0.0000%8h287.14−0.077%$604K$159K20xas long as short
Bitget IWMUSDT0.0000%8h287.26−0.035%$446K$18K20xas long as short
Variational Omni IWM0.0000%8h287.07−0.102%$171K$215Kas long as short
SunX IWM-USDTlong0.0000%8h287.36long leg$652$464K10x
HTX IWM-USDT0.0000%8h287.47+0.038%$607$38K20xas long as short
Phemex IWMUSDT0.0000%8h287.18−0.063%$772K$88K10xas long as short
BloFin IWM-USDT+0.0024%8h287.13−0.080%$66K$36K20xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h287.43+0.024%$75K$3K10xas long as short
Binance IWMUSDT+0.0038%8h287.21−0.054%$1.1M$1.3M20xas long as short
MEXC IWM_USDT+0.0039%8h287.14−0.077%$887K$84K50xas long as short
Markets by Kinetiq mkts:SMALL2000+0.0046%1h286.98−0.132%$528K$377K20xas long as short
Vest IWM-USD-PERP+0.0046%1h286.89−0.164%$1K25xas long as short
GRVT IWM_USDT_Perpshort+0.0077%8h287.22−0.049%$910$107K10x
KuCoin IWMUSDTM+0.0100%8h287.06−0.104%$141K$1.1M20xas long as short