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

IOTA

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotIOTAUSDT
0.03765spotno funding——$261K1xBuy Binance Spot
SHORT
BinanceIOTAUSDT
0.03761+0.0100get 0.0100% / 8h7h 43m$2.2M$3.5M75xShort Binance
Price gap−0.109%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.023% under its 7d average: −$2 if it goes back, about 19 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0100% /8h now · paid +0.107% over the last 7D
Price−$2spread −0.109% now, avg −0.086% → −0.023% if it goes back
Costs−$1391.392% of $10k · taker + slippage, in and out
Result−$131−1.31%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.109%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IOTA on 12 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size46.4 / 25.6 bp
    At $10k entering Binance Spot costs 46.4 bp, fee and slippage, 1.8× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Binance runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Binance settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
  • Watch: Gap narrower than usual−0.109% vs −0.086%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$2.2M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0051%/8h × 21 periods+$10.70
Price spread−0.109% → −0.086% (7d avg)−$2.31
Slippage, 4 orderslive order books−$109.18
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$130.80
Costs to cover1.392%Break-even92.5 days
Slippage: Binance Spot: live order book, 14 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot26.8846.4 bp−$461455.1 bp−$14.6Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.6925.6 bp−$2687.6 bp−$876doesn’t fitdoesn’t fit

Closing costs about the same again.

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