Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.130%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days−0.221%−$22 · spread now +0.130%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.081% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04737 | 0.0100 | pay 0.0100% / 8h | 2h 21m | $2.2M | $1.5M | 75x |
| Short | Binance IOTAUSDT | 0.04743 | 0.0100 | get 0.0100% / 8h | 2h 21m | $3.4M | $5.9M | 75x |
Bybit IOTAUSDT
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- Price spread: +0.130% → +0.050%
- $8.05
- Slippage, 4 orders
- −$91.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.9
- Costs to cover
- 1.130%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 1 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 Bybit live order book, 5 min ago | 4.25 bp | 27.4 bp −$27 | 75.6 bp −$756 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.12 bp | 24.9 bp −$25 | 93.6 bp −$936 | 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 | +0.0085% | 1h | 0.04734 | −0.054% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04742 | +0.099% | $891K | $330K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04743 | +0.130% | $3.4M | $5.9M | 75x | |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04737 | long leg | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04741 | +0.084% | $552K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04733 | −0.084% | $816K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04742 | +0.106% | $571K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04739 | +0.042% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04734 | −0.063% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04707 | −0.629% | $49K | $31K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
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-USDT | +0.0127% | 8h | 0.04725 | −0.253% | $165K | $42K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.1018% | 8h | 0.04737 | 0.000% | $2.7M | $235K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM