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iShares Russell 2000 ETF (IWM) Perpetual Futures

iShares Russell 2000 ETF (IWM) Perpetual Futures — Live Data

Price
$299.21
Total Open Interest
24h Volume
$14.3k
Venues
4

Where to Trade iShares Russell 2000 ETF (IWM) Perpetual Futures

iShares Russell 2000 ETF (IWM) perpetual futures are live on 4 venues. Open interest, 24h volume and funding update every two minutes — compare them below and trade IWM directly.

Aster logo
Aster
Arbitrum
Open Interest
24h Volume
$300
Taker Fee
0.040%
Max Lev.
100x
Rating
7.5/10
Gains Network logo
Gains Network
Arbitrum, Polygon, Base
Open Interest
24h Volume
Taker Fee
0.050%
Max Lev.
1000x
Rating
8.0/10
Hyperliquid logo
Hyperliquid
Hyperliquid L1
Open Interest
24h Volume
Taker Fee
0.045%
Max Lev.
50x
Rating
9.2/10
Lighter logo
Lighter
Arbitrum
Open Interest
24h Volume
$14.0k
Taker Fee
0.000%
Max Lev.
50x
Rating
7.5/10

Market Overview

IWM tracks the Russell 2000 index of US small-cap stocks, representing the performance of smaller domestic companies more exposed to US economic conditions than large multinationals. IWM perpetual futures are useful for expressing views on US domestic economic health, with small-caps outperforming large-caps during strong US growth phases and underperforming during credit tightening cycles.

Trading Tips for iShares Russell 2000 ETF Perps

IWM is more sensitive to US domestic economic conditions and credit availability than SPY or QQQ. Small-caps rally during rate-cutting cycles as financing costs drop. The IWM/SPY ratio is a classic risk appetite indicator — when IWM outperforms, it signals broad market confidence beyond mega-cap leadership.

Frequently Asked Questions — iShares Russell 2000 ETF (IWM)

What is the current IWM perpetual futures funding rate?
The live iShares Russell 2000 ETF (IWM) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing IWM perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest IWM perp trading fees?
The lowest IWM taker fee is 0.020% on SynFutures, versus 0.050% on Gains Network. The cost comparison table above compares total cost — maker/taker fees plus slippage — for a $100,000 IWM trade across all 2 venues.
How does iShares Russell 2000 ETF open interest compare across exchanges?
iShares Russell 2000 ETF (IWM) open interest is broken down by exchange in the chart above, showing the total value of outstanding IWM derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the IWM long/short ratio indicate?
The iShares Russell 2000 ETF long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade IWM perpetual futures?
iShares Russell 2000 ETF (IWM) perps are listed on 2 exchanges: Gains Network and SynFutures. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each venue.

Category: ETF · Data updates every 2 minutes · All rates shown are annualized