Settings8H · net · $10k
Funding arb · Price arb /

IOST

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0221%/8h= −24.2% APRnext payment $1.10 per $10,000 · paid last 24h −0.061%
Price spread now: OKX against Binance+0.069%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$670.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.069%, 7d avg +0.002%
Together, before fees−0.211%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.067% dearer against Binance than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.124% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOSTUSDT0.0008977−0.2281get 0.1141% / 4h1h 14m$5.8M$16.0M50x
ShortOKX IOST-USDT-SWAP0.0008983−0.2502pay 0.1251% / 4h1h 14m$1.6M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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

Funding earned
−$46.32
Price spread: +0.069% → +0.002%
$6.73
Slippage, 4 orders
−$46.96
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$106.55
Costs to cover
0.670%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.11 bp13.9 bp −$1445.7 bp −$457doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.56 bp20.1 bp −$20doesn't fitdoesn't fitdoesn't fit

IOST on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit IOSTUSDT−0.3142%8h0.0008976−0.009%$1.9M$2.1M25xas long as short
OKX IOST-USDT-SWAPshort−0.2502%4h0.0008983+0.069%$1.6M$4.0M10x
MEXC IOST_USDT−0.2282%4h0.0008978+0.013%$1.9M$448K50xas long as short
Binance IOSTUSDTlong−0.2281%4h0.0008977long leg$5.8M$16.0M50x
BloFin IOST-USDT−0.2233%4h0.0008977+0.002%$298K$2.0M50xas long as short
Bitget IOSTUSDT−0.2214%4h0.0008981+0.047%$651K$2.2M25xas long as short
Variational Omni IOST−0.1730%8h0.0008986+0.100%$10K$5Kas long as short
Gate IOST_USDT−0.1038%4h0.0008970−0.076%$726K$493K25xas long as short
BingX IOST-USDT−0.0798%4h0.0008980+0.036%$2.4Mas long as short