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: OKX against Binance−0.024%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$820.816% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.024%, 7d avg −0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04871 | 0.0100 | pay 0.0100% / 8h | 7h 08m | $3.5M | $5.8M | 75x |
| Short | OKX IOTA-USDT-SWAP | 0.04870 | 0.0100 | get 0.0100% / 8h | 7h 08m | $568K | $1.4M | 20x |
Binance IOTAUSDT
OKX IOTA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.024% → −0.056%
- $3.16
- Slippage, 4 orders
- −$61.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$78.4
- Costs to cover
- 0.816%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; OKX: live order book, 3 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, 15 min ago | 1.03 bp | 10.9 bp −$11 | 63.6 bp −$636 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.08 bp | 29.7 bp −$30 | doesn't fit | 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 | −0.0081% | 1h | 0.04872 | +0.021% | $18K | $12K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0089% | 8h | 0.04869 | −0.045% | $172K | $43K | 75x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04871 | long leg | $3.5M | $5.8M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04868 | −0.065% | $2.3M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAPshort | +0.0100% | 8h | 0.04870 | −0.024% | $568K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04869 | −0.045% | $891K | $177K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04871 | −0.004% | $609K | $179K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04879 | +0.160% | $1.8M | $699K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04870 | −0.024% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04867 | −0.092% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Bybit IOTAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0828% | 8h | 0.04885 | +0.284% | $2.8M | $236K | 30x | as long as short |
| Hyperliquid IOTA | +0.0916% | 1h | 0.04876 | +0.107% | $993K | $339K | 3x | as long as short |
KuCoin IOTAUSDTM
Hyperliquid IOTA