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: Bybit against Bitget−0.145%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days+0.192%+$19 · spread now −0.145%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.097% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04829 | 0.0100 | pay 0.0100% / 8h | 32m 55s | $1.8M | $690K | 50x |
| Short | Bybit IOTAUSDT | 0.04822 | 0.0100 | get 0.0100% / 8h | 32m 55s | $2.2M | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.145% → −0.048%
- −$9.67
- Slippage, 4 orders
- −$130.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$163.11
- Costs to cover
- 1.534%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 5.17 bp | 40.0 bp −$40 | 313.5 bp −$3,135 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.18 bp | 43.9 bp −$44 | 96.4 bp −$964 | 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 | −0.0812% | 1h | 0.04827 | −0.047% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04828 | −0.021% | $838K | $241K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04825 | −0.083% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04822 | −0.145% | $2.2M | $1.3M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04825 | −0.083% | $561K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04827 | −0.041% | $886K | $176K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04825 | −0.083% | $601K | $182K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04829 | long leg | $1.8M | $690K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04822 | −0.145% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04823 | −0.125% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0126% | 8h | 0.04821 | −0.166% | $169K | $37K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0672% | 8h | 0.04835 | +0.124% | $2.8M | $234K | 30x | as long as short |
Bitget IOTAUSDT
Bybit IOTAUSDT
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM