Funding you earn now, next payment 04:00 UTC+0.2408%/8h= +263.7% APRpaid last 24h +0.112%
Price spread now: Gate against Bybit−0.300%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2302.304% of the position
Funding, last 7 days−2.365%−$236 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.300%, 7d avg −0.116%
=Funding pays, the price is against you. Gate is 0.184% cheaper against Bybit than usual: you would sell low and buy high (spread −0.300% now, against its 7-day average of −0.116%). If the spread goes back, that is −$18 on $10k: about 6 hours of funding at the current rate (+$72 a day). Mind the row above: over the last 7 days funding on this pair cost −2.365%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOSTUSDT | 0.0008997 | −0.3548 | get 0.3548% / 8h | 6h 08m | $1.9M | $2.1M | 25x |
| Short | Gate IOST_USDT | 0.0008970 | −0.1140 | pay 0.0570% / 4h | 2h 08m | $734K | $482K | 25x |
Bybit IOSTUSDT
Gate IOST_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $505.78
- Price spread: −0.300% → −0.116%
- −$18.43
- Slippage, 4 orders
- −$204.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $256.92
- Costs to cover
- 2.304%
- Break-even
- 3.4 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 58 min ago.
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 Bybit live order book, 3 min ago | 2.22 bp | 41.2 bp −$41 | 228.5 bp −$2,285 | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 11.02 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
IOST on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDTlong | −0.3548% | 8h | 0.0008997 | long leg | $1.9M | $2.1M | 25x | |
| OKX IOST-USDT-SWAP | −0.2276% | 4h | 0.0008990 | −0.078% | $1.6M | $4.0M | 10x | as long as short |
| Binance IOSTUSDT | −0.2135% | 4h | 0.0008993 | −0.044% | $5.8M | $16.1M | 50x | as long as short |
| MEXC IOST_USDT | −0.2134% | 4h | 0.0008986 | −0.122% | $2.0M | $450K | 50x | as long as short |
| Bitget IOSTUSDT | −0.2058% | 4h | 0.0008991 | −0.067% | $636K | $2.2M | 25x | as long as short |
| Variational Omni IOST | −0.1419% | 8h | 0.0009016 | +0.210% | $10K | $6K | — | as long as short |
| Gate IOST_USDTshort | −0.1140% | 4h | 0.0008970 | −0.300% | $734K | $482K | 25x | |
| BingX IOST-USDT | −0.0732% | 4h | 0.0008980 | −0.189% | — | $2.5M | — | as long as short |
OKX IOST-USDT-SWAP
Binance IOSTUSDT
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
BingX IOST-USDT