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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04819 | 0.0100 | pay 0.0100% / 8h | 28m 47s | $2.2M | $1.3M | 75x |
| Short | Bitget IOTAUSDT | 0.04830 | 0.0100 | get 0.0100% / 8h | 28m 47s | $1.8M | $689K | 50x |
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 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: +0.228% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 5.19 bp | 41.9 bp −$42 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.21 bp | 32.0 bp −$32 | 155.3 bp −$1,553 | 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 | −0.0812% | 1h | 0.04823 | +0.089% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0094% | 8h | 0.04815 | −0.083% | $169K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04822 | +0.060% | $838K | $241K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04819 | 0.000% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04819 | long leg | $2.2M | $1.3M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04821 | +0.042% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04819 | 0.000% | $884K | $176K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04820 | +0.021% | $600K | $182K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04830 | +0.228% | $1.8M | $689K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04819 | 0.000% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04819 | −0.001% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0682% | 8h | 0.04828 | +0.187% | $2.7M | $229K | 30x | as long as short |
Bybit IOTAUSDT
Bitget IOTAUSDT
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM