Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.043%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1151.152% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days+0.141%+$14 · spread now −0.043%, 7d avg −0.049%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04789 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $3.5M | $5.8M | 75x |
| Short | Bybit IOTAUSDT | 0.04787 | 0.0100 | get 0.0100% / 8h | 3h 12m | $2.2M | $1.5M | 75x |
Binance IOTAUSDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.043% → −0.049%
- $0.57
- Slippage, 4 orders
- −$94.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$114.6
- Costs to cover
- 1.152%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 5 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, 11 min ago | 1.04 bp | 18.8 bp −$19 | 72.2 bp −$722 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.26 bp | 37.4 bp −$37 | 361.9 bp −$3,619 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0087% | 8h | 0.04797 | +0.166% | $169K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04792 | +0.066% | $899K | $335K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04789 | long leg | $3.5M | $5.8M | 75x | |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04787 | −0.043% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04788 | −0.022% | $556K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04788 | −0.022% | $828K | $256K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04790 | +0.020% | $586K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04796 | +0.145% | $1.8M | $720K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04790 | +0.020% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04789 | +0.002% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0173% | 1h | 0.04790 | +0.022% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.1042% | 8h | 0.04800 | +0.229% | $2.7M | $236K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM