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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against Bybit0.000%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.067%−$7 · spread now 0.000%, 7d avg +0.022%
Together, before fees−0.067%−$7 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: BingX is 0.022% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047740.0100pay 0.0100% / 8h3h 08m$2.2M$1.5M75x
ShortBingX IOTA-USDT0.047740.0100get 0.0100% / 8h3h 08m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: 0.000% → +0.022%
−$2.2
Slippage, 4 orders
−$99.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$122.86
Costs to cover
1.207%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago7.31 bp35.6 bp −$3691.5 bp −$915doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago6.26 bp22.6 bp −$2354.8 bp −$548398.3 bp −$39.8K507.9 bp −$254.0K

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
Hyperliquid IOTA+0.0100%1h0.04781+0.138%$897K$334K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04776+0.042%$3.5M$5.8M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04774long leg$2.2M$1.5M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.047740.000%$555K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04776+0.042%$825K$257K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04776+0.042%$584K$172K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04786+0.251%$1.8M$717K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.047740.000%$2.3M
Variational Omni IOTA+0.0100%8h0.04788+0.296%$38K$20Kas long as short
BloFin IOTA-USDT+0.0101%8h0.04779+0.105%$167K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0173%1h0.04776+0.039%$19K$13K10xas long as short
KuCoin IOTAUSDTM+0.1031%8h0.04784+0.209%$2.7M$235K30xas long as short