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

IOST

all IOST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0692%/8h= +75.8% APRnext payment +$3.46 per $10,000 · paid last 24h +0.094%
Price spread now: MEXC against OKX−0.166%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$500.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 7 days+0.139%+$14 · spread now −0.166%, 7d avg −0.009%
Together, before fees+0.247%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.157% cheaper against OKX than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.009%). If the spread goes back, that is −$16 on $10k: about 18 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.108% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 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
LongOKX IOST-USDT-SWAP0.0009024−0.2598get 0.1299% / 4h3h 01m$1.6M$4.1M10x
ShortMEXC IOST_USDT0.0009009−0.1906pay 0.0953% / 4h3h 01m$1.9M$469K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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
$145.37
Price spread: −0.166% → −0.009%
−$15.7
Slippage, 4 orders
−$35.51
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$80.16
Costs to cover
0.495%
Break-even
3.1 days
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 5 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 OKX live order book, 1 min ago0.55 bp12.1 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.66 bp7.4 bp −$726.5 bp −$265110.4 bp −$11.0K399.6 bp −$199.8K

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
OKX IOST-USDT-SWAPlong−0.2598%4h0.0009024long leg$1.6M$4.1M10x
Bybit IOSTUSDT−0.2235%8h0.0009029+0.055%$1.9M$2.0M25xas long as short
Binance IOSTUSDT−0.1907%4h0.0009026+0.022%$5.9M$16.2M50xas long as short
MEXC IOST_USDTshort−0.1906%4h0.0009009−0.166%$1.9M$469K50x
Variational Omni IOST−0.1867%8h0.0009054+0.332%$10K$5Kas long as short
BloFin IOST-USDT−0.1856%4h0.0009030+0.066%$298K$2.0M50xas long as short
Bitget IOSTUSDT−0.1696%4h0.0009010−0.155%$657K$2.3M25xas long as short
Gate IOST_USDT−0.0808%4h0.0009020−0.044%$721K$524K25xas long as short
BingX IOST-USDT−0.0670%4h0.0009015−0.100%$2.4Mas long as short