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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against BingX+0.104%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3163.165% 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 4 days (all we have)−0.112%−$11 · spread now +0.104%, 7d avg −0.037%
Together, before fees−0.112%−$11 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: Gate is 0.141% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTA-USDT0.047960.0100pay 0.0100% / 8h1h 50m$2.3M
ShortGate IOTA_USDT0.048010.0100get 0.0100% / 8h1h 50m$884K$174K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → −0.037%
$14.1
Slippage, 4 orders
−$291.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$302.38
Costs to cover
3.165%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Gate: live order book, 32 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, 13 min ago6.26 bp22.2 bp −$2254.2 bp −$542430.8 bp −$43.1K534.0 bp −$267.0K
Sell Gate live order book, 32 min ago7.27 bp128.5 bp −$128doesn't fitdoesn'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−0.0801%1h0.04798+0.032%$18K$16K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04801+0.098%$827K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04802+0.115%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04795−0.021%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04792−0.083%$563K$1.3M20xas long as short
Gate IOTA_USDTshort+0.0100%8h0.04801+0.104%$884K$174K75x
MEXC IOTA_USDT+0.0100%8h0.04800+0.083%$599K$183K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04808+0.250%$1.8M$640K50xas long as short
BingX IOTA-USDTlong+0.0100%8h0.04796long leg$2.3M
Variational Omni IOTA+0.0100%8h0.04795−0.019%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0128%8h0.04794−0.042%$169K$36K75xas long as short
KuCoin IOTAUSDTM+0.0590%8h0.04803+0.146%$2.7M$223K30xas long as short