Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin+0.021%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.576% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.021%, 7d avg −0.023%
=The price spread pays, funding is against you. MEXC is 0.044% dearer against BloFin than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.023%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04786 | 0.0124 | pay 0.0124% / 8h | 2h 50m | $168K | $43K | 75x |
| Short | MEXC IOTA_USDT | 0.04787 | 0.0100 | get 0.0100% / 8h | 2h 50m | $587K | $168K | 125x |
BloFin IOTA-USDT
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$4.96
- Price spread: +0.021% → −0.023%
- $4.36
- Slippage, 4 orders
- −$41.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.25
- Costs to cover
- 0.576%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; MEXC: live order book, 54 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, 29 min ago | 3.13 bp | 20.3 bp −$20 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 3.13 bp | 10.9 bp −$11 | 40.5 bp −$405 | 236.0 bp −$23.6K | 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 | +0.0084% | 1h | 0.04785 | −0.020% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04788 | +0.036% | $899K | $334K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04787 | +0.021% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04786 | 0.000% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04783 | −0.063% | $559K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04780 | −0.125% | $825K | $257K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04787 | +0.021% | $587K | $168K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | −0.063% | $1.8M | $718K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04781 | −0.104% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04785 | −0.028% | $38K | $20K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate 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 | +0.0124% | 8h | 0.04786 | long leg | $168K | $43K | 75x | |
| KuCoin IOTAUSDTM | +0.1041% | 8h | 0.04784 | −0.042% | $2.7M | $235K | 30x | as long as short |
KuCoin IOTAUSDTM