Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bitget−0.144%85s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1041.041% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.144%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.145% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04874 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $1.8M | $716K | 50x |
| Short | BloFin IOTA-USDT | 0.04867 | 0.0091 | get 0.0091% / 8h | 7h 39m | $172K | $44K | 75x |
Bitget IOTAUSDT
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.86
- Price spread: −0.144% → +0.001%
- −$14.46
- Slippage, 4 orders
- −$80.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$120.45
- Costs to cover
- 1.041%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 17 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 5.13 bp | 27.8 bp −$28 | 162.1 bp −$1,621 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 3.09 bp | 16.8 bp −$17 | 40.1 bp −$401 | doesn't fit | doesn't fit |
IOTA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0081% | 1h | 0.04864 | −0.202% | $18K | $15K | 10x | as long as short |
| BloFin IOTA-USDTshort | +0.0091% | 8h | 0.04867 | −0.144% | $172K | $44K | 75x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04866 | −0.164% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04864 | −0.205% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04863 | −0.226% | $568K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04864 | −0.205% | $891K | $174K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04866 | −0.164% | $609K | $178K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04874 | long leg | $1.8M | $716K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04864 | −0.205% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04863 | −0.221% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0702% | 8h | 0.04876 | +0.041% | $2.8M | $234K | 30x | as long as short |
| Hyperliquid IOTA | +0.1710% | 1h | 0.04874 | −0.010% | $963K | $320K | 3x | as long as short |
KuCoin IOTAUSDTM
Hyperliquid IOTA