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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.228%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 7 days−0.275%−$28 · spread now +0.228%, 7d avg +0.048%
Together, before fees−0.365%−$36 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: Bitget is 0.180% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.048190.0100pay 0.0100% / 8h28m 47s$2.2M$1.3M75x
ShortBitget IOTAUSDT0.048300.0100get 0.0100% / 8h28m 47s$1.8M$689K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.228% → +0.048%
$18
Slippage, 4 orders
−$123.6
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$128.59
Costs to cover
1.466%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago5.19 bp41.9 bp −$42109.6 bp −$1,096doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago6.21 bp32.0 bp −$32155.3 bp −$1,553doesn'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−0.0812%1h0.04823+0.089%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0094%8h0.04815−0.083%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04822+0.060%$838K$241K3xas long as short
Binance IOTAUSDT+0.0100%8h0.048190.000%$3.4M$5.8M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04819long leg$2.2M$1.3M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04821+0.042%$560K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.048190.000%$884K$176K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04820+0.021%$600K$182K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04830+0.228%$1.8M$689K50x
BingX IOTA-USDT+0.0100%8h0.048190.000%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04819−0.001%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0682%8h0.04828+0.187%$2.7M$229K30xas long as short