Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bybit+0.105%82s7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.105%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.057%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04764 | 0.0100 | pay 0.0100% / 8h | 2h 59m | $2.2M | $1.5M | 75x |
| Short | BloFin IOTA-USDT | 0.04769 | 0.0103 | get 0.0103% / 8h | 2h 59m | $168K | $43K | 75x |
Bybit IOTAUSDT
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $0.62
- Price spread: +0.105% → +0.057%
- $4.76
- Slippage, 4 orders
- −$85.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.07
- Costs to cover
- 1.084%
- Break-even
- 1173.3 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 20 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, 2 min ago | 5.25 bp | 32.5 bp −$33 | 102.9 bp −$1,029 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 3.13 bp | 15.9 bp −$16 | 46.3 bp −$463 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0100% | 1h | 0.04769 | +0.109% | $895K | $335K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04764 | 0.000% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04764 | long leg | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04766 | +0.042% | $557K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04762 | −0.042% | $823K | $259K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04764 | 0.000% | $584K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04773 | +0.189% | $1.8M | $719K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04764 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04764 | −0.007% | $38K | $20K | — | as long as short |
| BloFin IOTA-USDTshort | +0.0103% | 8h | 0.04769 | +0.105% | $168K | $43K | 75x |
Hyperliquid IOTA
Binance IOTAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0173% | 1h | 0.04766 | +0.042% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.1045% | 8h | 0.04776 | +0.252% | $2.7M | $236K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM