Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against BloFin+0.116%87s7-day average −0.156% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 3 days (all we have)−0.333%−$33 · spread now +0.116%, 7d avg −0.156%
Together, before fees−0.266%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.272% dearer against BloFin than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.156%. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin IOTA-USDT0.048150.0094pay 0.0094% / 8h27m 36s$169K$36K75x
ShortHyperliquid IOTA0.048210.0100get 0.0013% / 1h27m 36s$838K$241K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.29
Price spread: +0.116% → −0.156%
$27.2
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$7.49
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: BloFin: live order book, 34 min ago; Hyperliquid: live order book, 42 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 34 min ago2.07 bp12.4 bp −$1231.2 bp −$312doesn't fitdoesn't fit
Sell Hyperliquid live order book, 42 min ago1.04 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

IOTA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD−0.0813%1h0.04822+0.141%$18K$16K10xas long as short
BloFin IOTA-USDTlong+0.0094%8h0.04815long leg$169K$36K75x
Hyperliquid IOTAshort+0.0100%1h0.04821+0.116%$838K$241K3x
Binance IOTAUSDT+0.0100%8h0.04817+0.042%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04813−0.042%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04814−0.021%$560K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04817+0.042%$884K$176K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04817+0.042%$600K$183K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04827+0.249%$1.8M$691K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04816+0.021%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04819+0.082%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0686%8h0.04828+0.270%$2.7M$229K30xas long as short