Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.228%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.205%−$21 · spread now +0.228%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.226% dearer against Binance than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04818 | 0.0100 | pay 0.0100% / 8h | 30m 00s | $3.4M | $5.8M | 75x |
| Short | Bitget IOTAUSDT | 0.04829 | 0.0100 | get 0.0100% / 8h | 30m 00s | $1.8M | $689K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $0
- Price spread: +0.228% → +0.003%
- $22.55
- Slippage, 4 orders
- −$80.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.31
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 2 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 Binance live order book, 8 min ago | 1.03 bp | 18.1 bp −$18 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.21 bp | 32.0 bp −$32 | 155.3 bp −$1,553 | doesn't fit | doesn't fit |
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0813% | 1h | 0.04822 | +0.077% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04822 | +0.079% | $838K | $241K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04818 | long leg | $3.4M | $5.8M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04820 | +0.042% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04816 | −0.042% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04824 | +0.125% | $885K | $176K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04818 | 0.000% | $600K | $182K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04829 | +0.228% | $1.8M | $689K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04822 | +0.083% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04819 | +0.020% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0124% | 8h | 0.04821 | +0.062% | $169K | $37K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0682% | 8h | 0.04834 | +0.332% | $2.8M | $229K | 30x | as long as short |
Binance IOTAUSDT
Bitget IOTAUSDT
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM