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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: Bitget against BingX+0.104%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 7 days−0.175%−$18 · spread now +0.104%, 7d avg +0.031%
Together, before fees−0.265%−$26 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 0.073% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTA-USDT0.048170.0100pay 0.0100% / 8h5h 17m$2.3M
ShortBitget IOTAUSDT0.048220.0100get 0.0100% / 8h5h 17m$1.8M$715K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.104% → +0.031%
$7.3
Slippage, 4 orders
−$90.73
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.42
Costs to cover
1.127%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 4 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 BingX live order book, 6 min ago4.15 bp18.2 bp −$1847.9 bp −$479368.6 bp −$36.9K449.7 bp −$224.9K
Sell Bitget live order book, 4 min ago4.14 bp37.1 bp −$37243.3 bp −$2,433doesn'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−0.0195%1h0.04811−0.119%$18K$12K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04818+0.010%$903K$400K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04818+0.030%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04816−0.021%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04811−0.125%$563K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04813−0.083%$837K$265K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04818+0.021%$595K$172K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04822+0.104%$1.8M$715K50x
BingX IOTA-USDTlong+0.0100%8h0.04817long leg$2.3M
Variational Omni IOTA+0.0100%8h0.04820+0.065%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0102%8h0.04816−0.021%$170K$43K75xas long as short
KuCoin IOTAUSDTM+0.0899%8h0.04820+0.062%$2.8M$241K30xas long as short