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: MEXC against Binance−0.144%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.144%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.140% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04849 | 0.0100 | pay 0.0100% / 8h | 49m 58s | $3.5M | $5.7M | 75x |
| Short | MEXC IOTA_USDT | 0.04842 | 0.0100 | get 0.0100% / 8h | 49m 58s | $604K | $181K | 125x |
Binance IOTAUSDT
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.144% → −0.005%
- −$13.97
- Slippage, 4 orders
- −$40
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$67.97
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 20 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, 3 min ago | 2.06 bp | 15.7 bp −$16 | 58.7 bp −$587 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 20 min ago | 3.11 bp | 10.0 bp −$10 | 26.3 bp −$263 | 222.8 bp −$22.3K | 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 | −0.0808% | 1h | 0.04849 | +0.004% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0072% | 8h | 0.04850 | +0.021% | $169K | $37K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04847 | −0.031% | $842K | $242K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04849 | long leg | $3.5M | $5.7M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04847 | −0.041% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04849 | 0.000% | $565K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04850 | +0.021% | $891K | $175K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04842 | −0.144% | $604K | $181K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04854 | +0.103% | $1.8M | $682K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04851 | +0.041% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04846 | −0.054% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0657% | 8h | 0.04858 | +0.186% | $2.8M | $234K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM