IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Variational Omni−0.065%7-day average +0.007% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

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)+0.059%+$6 · spread now −0.065%, 7d avg +0.007%

Together, before fees+0.059%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.072% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.007%). If the spread goes back, that is −$7 on $10k: about 3.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IWM	285.97	0.0007	pay 0.0007% / 8h	2h 02m	$160K	$207K	—
Short	MEXC IWM_USDT	285.79	0.0077	get 0.0077% / 8h	2h 02m	$886K	$84K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.065%Rate

Funding earned: $14.63
Price spread: −0.065% → +0.007%: −$7.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: $7.47
Costs to cover: 0.000%
Break-even: 3.4 days

Slippage unknown: Variational Omni: RFQ quote, 46 min ago; MEXC: live order book, 38 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, 46 min ago	2.36 bp	doesn't fit	81.3 bp −$813	doesn't fit	doesn't fit
Sell MEXC live order book, 38 min ago	5.95 bp	38.7 bp −$39	179.2 bp −$1,792	209.4 bp −$20.9K	271.5 bp −$135.7K

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	285.79	−0.066%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	285.64	−0.117%	$557K	$62K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	285.74	−0.082%	$400K	$120K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	285.95	−0.009%	$610K	$163K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	285.81	−0.058%	$443K	$15K	20x	as long as short
SunX IWM-USDT	0.0000%	8h	286.03	+0.019%	$1K	$458K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	286.06	+0.030%	$712	$37K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	286.01	+0.012%	$766K	$80K	10x	as long as short
Variational Omni IWMlong	+0.0007%	8h	285.97	long leg	$160K	$207K	—
Lighter IWM	+0.0032%	1h	285.88	−0.033%	$75K	$19K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	285.44	−0.187%	$566K	$363K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	285.60	−0.131%	—	—	25x	as long as short
BloFin IWM-USDT	+0.0059%	8h	286.05	+0.026%	$64K	$33K	20x	as long as short
MEXC IWM_USDTshort	+0.0077%	8h	285.79	−0.065%	$886K	$84K	50x
Binance IWMUSDT	+0.0078%	8h	286.02	+0.016%	$1.1M	$1.2M	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	286.02	+0.016%	$139K	$849K	20x	as long as short
GRVT IWM_USDT_Perp	+0.0694%	8h	285.99	+0.005%	$286	$107K	10x	as long as short