IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX+0.025%7-day average +0.057% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.025%, 7d avg +0.057%

Together, before fees+0.168%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.032% cheaper against SunX than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.057%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX IWM-USDT	284.81	0	get 0.0000% / 8h	7h 42m	$766	$462K	10x
Short	KuCoin IWMUSDTM	284.88	0.0100	get 0.0100% / 8h	7h 42m	$140K	$910K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now +0.025%Rate

Funding earned: $21
Price spread: +0.025% → +0.057%: −$3.24
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2.24
Costs to cover: 0.200%
Break-even: 7.7 days

Slippage unknown: SunX: live order book, 68 min ago; KuCoin: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 68 min ago	500.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 31 min ago	3.50 bp	260.1 bp −$260	doesn't fit	doesn't fit	doesn't fit

IWM on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster IWMUSDT	0.0000%	8h	284.70	−0.037%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	284.65	−0.056%	$563K	$73K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	284.82	+0.004%	$437K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	284.87	+0.021%	$601K	$163K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	284.73	−0.028%	$440K	$15K	20x	as long as short
Variational Omni IWM	0.0000%	8h	284.92	+0.040%	$169K	$217K	—	as long as short
GRVT IWM_USDT_Perp	0.0000%	8h	285.06	+0.088%	$687	$101K	10x	as long as short
SunX IWM-USDTlong	0.0000%	8h	284.81	long leg	$766	$462K	10x
HTX IWM-USDT	0.0000%	8h	284.67	−0.049%	$544	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	284.86	+0.018%	$764K	$84K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IWM	+0.0032%	1h	284.86	+0.018%	$74K	$19K	10x	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	284.56	−0.088%	$564K	$358K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	284.61	−0.070%	—	$1K	25x	as long as short
BloFin IWM-USDT	+0.0056%	8h	284.78	−0.011%	$67K	$33K	20x	as long as short
Binance IWMUSDT	+0.0078%	8h	284.79	−0.007%	$1.1M	$1.2M	20x	as long as short
MEXC IWM_USDT	+0.0079%	8h	284.80	−0.004%	$880K	$83K	50x	as long as short
KuCoin IWMUSDTMshort	+0.0100%	8h	284.88	+0.025%	$140K	$910K	20x