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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOTAUSDT0.048180.0100pay 0.0100% / 8h30m 00s$3.4M$5.8M75x
ShortBitget IOTAUSDT0.048290.0100get 0.0100% / 8h30m 00s$1.8M$689K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.03 bp18.1 bp −$1868.6 bp −$686doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.21 bp32.0 bp −$32155.3 bp −$1,553doesn't fitdoesn't fit

IOTA on 12 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
Kraken Futures PF_IOTAUSD−0.0813%1h0.04822+0.077%$18K$16K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04822+0.079%$838K$241K3xas long as short
Binance IOTAUSDTlong+0.0100%8h0.04818long leg$3.4M$5.8M75x
Bybit IOTAUSDT+0.0100%8h0.04820+0.042%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04816−0.042%$560K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04824+0.125%$885K$176K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.048180.000%$600K$182K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04829+0.228%$1.8M$689K50x
BingX IOTA-USDT+0.0100%8h0.04822+0.083%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04819+0.020%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0124%8h0.04821+0.062%$169K$37K75xas long as short
KuCoin IOTAUSDTM+0.0682%8h0.04834+0.332%$2.8M$229K30xas long as short