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: Gate against Bybit0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3203.199% 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 4 days (all we have)−0.061%−$6 · spread now 0.000%, 7d avg −0.021%
Together, before fees−0.061%−$6 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: Gate is 0.021% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.048450.0100pay 0.0100% / 8h56m 57s$2.2M$1.3M75x
ShortGate IOTA_USDT0.048450.0100get 0.0100% / 8h56m 57s$891K$174K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → −0.021%
$2.11
Slippage, 4 orders
−$293.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$317.78
Costs to cover
3.199%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 20 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, 5 min ago3.11 bp44.2 bp −$44100.2 bp −$1,002doesn't fitdoesn't fit
Sell Gate live order book, 20 min ago9.33 bp79.7 bp −$80doesn't fitdoesn'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−0.0808%1h0.04850+0.109%$18K$16K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04845+0.010%$838K$241K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04847+0.041%$3.5M$5.7M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04845long leg$2.2M$1.3M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04848+0.062%$565K$1.4M20xas long as short
Gate IOTA_USDTshort+0.0100%8h0.048450.000%$891K$174K75x
MEXC IOTA_USDT+0.0100%8h0.04846+0.021%$605K$181K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04858+0.268%$1.8M$672K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04846+0.021%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04828−0.354%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0128%8h0.048450.000%$169K$37K75xas long as short
KuCoin IOTAUSDTM+0.0665%8h0.04855+0.206%$2.7M$230K30xas long as short