Funding you earn now, next payment 04:00 UTC−0.1003%/8h= −109.9% APRnext payment −$5.02 per $10,000 · paid last 24h −0.057%
Price spread now: Binance against Gate+0.011%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1761.761% of the position
Funding, last 7 days+0.912%+$91 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.011%, 7d avg +0.102%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Binance is 0.090% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.912%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOST_USDT | 0.0008970 | −0.1132 | get 0.0566% / 4h | 2h 09m | $734K | $482K | 25x |
| Short | Binance IOSTUSDT | 0.0008971 | −0.2135 | pay 0.1068% / 4h | 2h 09m | $5.8M | $16.2M | 50x |
Gate IOST_USDT
Binance IOSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$210.7
- Price spread: +0.011% → +0.102%
- −$9.04
- Slippage, 4 orders
- −$151.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$395.83
- Costs to cover
- 1.761%
- Break-even
- never at this rate
Slippage from Gate: live order book, 57 min ago; Binance: live order book, 16 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 Gate live order book, 57 min ago | 11.02 bp | 80.9 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.55 bp | 17.4 bp −$17 | 52.5 bp −$525 | 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 IOSTUSDT | −0.3603% | 8h | 0.0008976 | +0.067% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAP | −0.2237% | 4h | 0.0008972 | +0.022% | $1.6M | $4.0M | 10x | as long as short |
| Binance IOSTUSDTshort | −0.2135% | 4h | 0.0008971 | +0.011% | $5.8M | $16.2M | 50x | |
| MEXC IOST_USDT | −0.2116% | 4h | 0.0008975 | +0.056% | $2.0M | $450K | 50x | as long as short |
| Bitget IOSTUSDT | −0.2052% | 4h | 0.0008975 | +0.056% | $634K | $2.2M | 25x | as long as short |
| Variational Omni IOST | −0.1419% | 8h | 0.0009016 | +0.512% | $10K | $6K | — | as long as short |
| Gate IOST_USDTlong | −0.1132% | 4h | 0.0008970 | long leg | $734K | $482K | 25x | |
| BingX IOST-USDT | −0.0732% | 4h | 0.0008984 | +0.156% | — | $2.5M | — | as long as short |
Bybit IOSTUSDT
OKX IOST-USDT-SWAP
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
BingX IOST-USDT