IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.009%

Price spread now: Markets by Kinetiq against Variational Omni−0.066%7-day average −0.038% · you buy dearer than you sell

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

Long on Variational Omni Short on Markets by Kinetiq

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.066%, 7d avg −0.038%

Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Markets by Kinetiq is 0.028% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.038%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.003% in total) that is about 39 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IWM	284.78	0	get 0.0000% / 8h	7h 36m	$169K	$217K	—
Short	Markets by Kinetiq mkts:SMALL2000	284.59	0.0046	get 0.0006% / 1h	36m 17s	$564K	$358K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Markets by Kinetiq against Variational Omni. 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 Variational OmnibpFee Markets by KinetiqbpOrdersPrice spread, now −0.066%Rate

Funding earned: $9.59
Price spread: −0.066% → −0.038%: −$2.76
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Markets by Kinetiq: 0.81 bp × 2 orders: −$1.62
Net: $5.21
Costs to cover: 0.016%
Break-even: 3.2 days

Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Markets by Kinetiq: live order book, 10 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 Variational Omni RFQ quote, 63 min ago	2.94 bp	doesn't fit	81.4 bp −$814	doesn't fit	doesn't fit
Sell Markets by Kinetiq live order book, 10 min ago	2.81 bp	3.6 bp −$4	44.9 bp −$449	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	284.73	−0.016%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	284.67	−0.038%	$563K	$73K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	284.80	+0.008%	$436K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	284.89	+0.039%	$601K	$164K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	284.82	+0.015%	$441K	$15K	20x	as long as short
Variational Omni IWMlong	0.0000%	8h	284.78	long leg	$169K	$217K	—
GRVT IWM_USDT_Perp	0.0000%	8h	284.89	+0.039%	$775	$100K	10x	as long as short
SunX IWM-USDT	0.0000%	8h	284.88	+0.036%	$892	$461K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	284.99	+0.074%	$661	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	284.92	+0.050%	$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	+0.029%	$74K	$19K	10x	as long as short
Markets by Kinetiq mkts:SMALL2000short	+0.0046%	1h	284.59	−0.066%	$564K	$358K	20x
Vest IWM-USD-PERP	+0.0046%	1h	284.60	−0.063%	—	$1K	25x	as long as short
BloFin IWM-USDT	+0.0062%	8h	284.93	+0.053%	$67K	$33K	20x	as long as short
MEXC IWM_USDT	+0.0070%	8h	284.79	+0.004%	$880K	$84K	50x	as long as short
Binance IWMUSDT	+0.0070%	8h	284.91	+0.048%	$1.1M	$1.2M	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	284.82	+0.015%	$141K	$918K	20x	as long as short