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: Binance against Bitget+0.039%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$990.986% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 days−0.112%−$11 · spread now +0.039%, 7d avg −0.003%
Together, before fees−0.115%−$12 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: Binance is 0.042% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.047860.0100pay 0.0100% / 8h2h 53m$1.7M$614K50x
ShortBinance IOTAUSDT0.047880.0100get 0.0100% / 8h2h 53m$3.4M$6.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.039% → −0.003%
$4.23
Slippage, 4 orders
−$76.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$94.34
Costs to cover
0.986%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 15 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 Bitget live order book, 3 min ago3.13 bp37.4 bp −$37285.9 bp −$2,859doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.08 bp16.5 bp −$1651.7 bp −$517doesn'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−0.0671%1h0.04783−0.067%$18K$17K10xas long as short
BloFin IOTA-USDT+0.0072%8h0.04784−0.042%$124K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04784−0.046%$825K$249K3xas long as short
Binance IOTAUSDTshort+0.0100%8h0.04788+0.039%$3.4M$6.1M75x
Bybit IOTAUSDT+0.0100%8h0.04780−0.125%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04778−0.167%$559K$1.3M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04785−0.021%$881K$177K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04787+0.021%$596K$185K125xas long as short
Bitget IOTAUSDTlong+0.0100%8h0.04786long leg$1.7M$614K50x
BingX IOTA-USDT+0.0100%8h0.04784−0.042%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04787+0.020%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0617%8h0.04791+0.104%$2.7M$225K30xas long as short