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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.048110.0100pay 0.0100% / 8h1h 29m$2.2M$1.3M75x
ShortOKX IOTA-USDT-SWAP0.048100.0100get 0.0100% / 8h1h 29m$564K$1.4M20x

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 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: −0.021% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago5.19 bp36.5 bp −$36110.7 bp −$1,107doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.12 bp26.0 bp −$26doesn'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−0.0798%1h0.04813+0.044%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0099%8h0.04809−0.042%$168K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04817+0.118%$830K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04814+0.062%$3.4M$5.7M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04811long leg$2.2M$1.3M75x
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04810−0.021%$564K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04809−0.042%$884K$175K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04812+0.021%$600K$186K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04824+0.270%$1.8M$657K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04816+0.104%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04814+0.060%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0625%8h0.04828+0.353%$2.7M$222K30xas long as short