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: OKX against Bybit−0.021%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.021%, 7d avg −0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04811 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $2.2M | $1.3M | 75x |
| Short | OKX IOTA-USDT-SWAP | 0.04810 | 0.0100 | get 0.0100% / 8h | 1h 29m | $564K | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.021% → −0.022%
- $0.13
- Slippage, 4 orders
- −$107.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$128.07
- Costs to cover
- 1.282%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 | 5.19 bp | 36.5 bp −$36 | 110.7 bp −$1,107 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.12 bp | 26.0 bp −$26 | doesn't fit | 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 | −0.0798% | 1h | 0.04813 | +0.044% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0099% | 8h | 0.04809 | −0.042% | $168K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04817 | +0.118% | $830K | $239K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04814 | +0.062% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04811 | long leg | $2.2M | $1.3M | 75x | |
| OKX IOTA-USDT-SWAPshort | +0.0100% | 8h | 0.04810 | −0.021% | $564K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04809 | −0.042% | $884K | $175K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04812 | +0.021% | $600K | $186K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04824 | +0.270% | $1.8M | $657K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04816 | +0.104% | — | $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 | 0.04814 | +0.060% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0625% | 8h | 0.04828 | +0.353% | $2.7M | $222K | 30x | as long as short |
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM