Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against BloFin+0.289%45s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as 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−$960.960% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.281%−$28 · spread now +0.289%, 7d avg −0.002%
=The price spread pays, funding is against you. Bitget is 0.290% dearer against BloFin than usual: you sell high and buy low (spread +0.289% now, against its 7-day average of −0.002%): +$29 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 45 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 | BloFin IOTA-USDT | 0.04847 | 0.0116 | pay 0.0116% / 8h | 54m 24s | $169K | $37K | 75x |
| Short | Bitget IOTAUSDT | 0.04861 | 0.0100 | get 0.0100% / 8h | 54m 24s | $1.8M | $682K | 50x |
BloFin IOTA-USDT
Bitget IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$3.35
- Price spread: +0.289% → −0.002%
- $29.04
- Slippage, 4 orders
- −$71.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.28
- Costs to cover
- 0.960%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; Bitget: live order book, 2 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 BloFin live order book, 8 min ago | 2.07 bp | 12.4 bp −$12 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.11 bp | 45.2 bp −$45 | 391.2 bp −$3,912 | 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 | −0.0807% | 1h | 0.04854 | +0.148% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04848 | +0.021% | $842K | $242K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04845 | −0.044% | $3.5M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04844 | −0.062% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04847 | 0.000% | $565K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04848 | +0.021% | $891K | $175K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04845 | −0.041% | $605K | $181K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04861 | +0.289% | $1.8M | $682K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04848 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04845 | −0.045% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDTlong | +0.0116% | 8h | 0.04847 | long leg | $169K | $37K | 75x | |
| KuCoin IOTAUSDTM | +0.0671% | 8h | 0.04857 | +0.206% | $2.7M | $230K | 30x | as long as short |
KuCoin IOTAUSDTM