Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against BloFin−0.105%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$3043.040% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now −0.105%, 7d avg −0.077%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.028% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.077%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04783 | 0.0126 | pay 0.0126% / 8h | 2h 30m | $169K | $36K | 75x |
| Short | Gate IOTA_USDT | 0.04778 | 0.0100 | get 0.0100% / 8h | 2h 30m | $879K | $177K | 75x |
BloFin IOTA-USDT
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.41
- Price spread: −0.105% → −0.077%
- −$2.78
- Slippage, 4 orders
- −$276.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$312.15
- Costs to cover
- 3.040%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; Gate: live order book, 55 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, 50 min ago | 1.04 bp | 13.6 bp −$14 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 6.25 bp | 93.1 bp −$93 | doesn't fit | 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 | −0.0670% | 1h | 0.04787 | +0.082% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04785 | +0.040% | $824K | $246K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04783 | 0.000% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04784 | +0.021% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04782 | −0.021% | $562K | $1.3M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04778 | −0.105% | $879K | $177K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04784 | +0.021% | $584K | $187K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04784 | +0.021% | $1.7M | $600K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04782 | −0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04779 | −0.087% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
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 | +0.0126% | 8h | 0.04783 | long leg | $169K | $36K | 75x | |
| KuCoin IOTAUSDTM | +0.0628% | 8h | 0.04787 | +0.084% | $2.7M | $224K | 30x | as long as short |
KuCoin IOTAUSDTM