IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Lighter against Vest+0.210%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.210% dearer against Vest than usual: you sell high and buy low (spread +0.210% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 51 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IWM-USD-PERP	285.40	0.0046	pay 0.0006% / 1h	53m 56s	—	—	25x
Short	Lighter IWM	286.00	0.0032	get 0.0004% / 1h	53m 56s	$75K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Vest. 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 VestbpFee LighterbpOrdersPrice spread, now +0.210%Rate

Funding earned: −$2.87
Price spread: +0.210% → 0.000%: $21.02
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter: 0 bp × 2 orders: $0
Net: $16.15
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Lighter: no order-book sample. 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 Vest no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Vest and Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	285.54	+0.051%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	285.48	+0.028%	$556K	$62K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	285.42	+0.007%	$400K	$121K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	285.71	+0.109%	$609K	$158K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	285.79	+0.137%	$443K	$15K	20x	as long as short
SunX IWM-USDT	0.0000%	8h	285.79	+0.137%	$1K	$454K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	286.07	+0.235%	$772	$37K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	285.84	+0.154%	$765K	$80K	10x	as long as short
Variational Omni IWM	+0.0015%	8h	285.77	+0.131%	$160K	$207K	—	as long as short
Lighter IWMshort	+0.0032%	1h	286.00	+0.210%	$75K	$19K	10x

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	285.36	−0.014%	$566K	$363K	20x	as long as short
Vest IWM-USD-PERPlong	+0.0046%	1h	285.40	long leg	—	—	25x
Binance IWMUSDT	+0.0079%	8h	285.79	+0.135%	$1.1M	$1.1M	20x	as long as short
MEXC IWM_USDT	+0.0079%	8h	285.70	+0.105%	$885K	$81K	50x	as long as short
BloFin IWM-USDT	+0.0096%	8h	285.83	+0.151%	$65K	$33K	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	285.83	+0.151%	$138K	$849K	20x	as long as short
GRVT IWM_USDT_Perp	+0.0688%	8h	285.86	+0.160%	$286	$106K	10x	as long as short