Funding you earn now, next payment 16:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin+0.021%62s7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as 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−$1041.039% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.021%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% dearer against BloFin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.058%. The two prices were read 62 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 | 0.04760 | 0.0102 | pay 0.0102% / 8h | 7h 58m | $164K | $42K | 75x |
| Short | Bybit IOTAUSDT | 0.04761 | 0.0100 | get 0.0100% / 8h | 7h 58m | $2.2M | $1.5M | 75x |
BloFin IOTA-USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$0.49
- Price spread: +0.021% → −0.058%
- $7.93
- Slippage, 4 orders
- −$80.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$96.47
- Costs to cover
- 1.039%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 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 BloFin live order book, 7 min ago | 4.20 bp | 18.6 bp −$19 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 7.36 bp | 33.5 bp −$34 | 73.1 bp −$731 | 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 | +0.0061% | 1h | 0.04773 | +0.271% | $19K | $17K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04761 | +0.019% | $893K | $328K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04763 | +0.063% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04761 | +0.021% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04759 | −0.021% | $551K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04760 | 0.000% | $820K | $249K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04765 | +0.105% | $585K | $170K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04769 | +0.189% | $1.8M | $726K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04765 | +0.105% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04757 | −0.066% | $51K | $33K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
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 | +0.0102% | 8h | 0.04760 | long leg | $164K | $42K | 75x | |
| KuCoin IOTAUSDTM | +0.0762% | 8h | 0.04768 | +0.168% | $2.7M | $217K | 30x | as long as short |
KuCoin IOTAUSDTM