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: Bybit against BingX−0.021%7-day average −0.021% · 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−$106as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.072%+$7 · spread now −0.021%, 7d avg −0.021%
Together, before fees+0.072%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTA-USDT0.048160.0100pay 0.0100% / 8h6h 29m$2.3M
ShortBybit IOTAUSDT0.048150.0100get 0.0100% / 8h6h 29m$2.2M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.021% → −0.021%
$0
Slippage, 4 orders
−$85.01
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.02
Costs to cover
1.060%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 2 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, 9 min ago6.28 bp23.2 bp −$2354.4 bp −$544422.6 bp −$42.3K520.1 bp −$260.0K
Sell Bybit live order book, 2 min ago5.20 bp33.0 bp −$3370.9 bp −$709doesn't fitdoesn't fit

IOTA on 11 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−0.0091%1h0.04812−0.074%$18K$12K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04821+0.110%$979K$332K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04818+0.042%$3.5M$5.9M75xas long as short
Bybit IOTAUSDTshort+0.0100%8h0.04815−0.021%$2.2M$1.4M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04814−0.042%$562K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04811−0.104%$880K$176K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.048160.000%$592K$176K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.048160.000%$1.8M$728K50xas long as short
BingX IOTA-USDTlong+0.0100%8h0.04816long leg$2.3M
Variational Omni IOTA+0.0100%8h0.04804−0.254%$38K$36Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0831%8h0.04817+0.021%$2.8M$243K30xas long as short