Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.210%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2922.924% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.210%, 7d avg +0.078%
Together, before fees−0.219%−$22 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: Bitget is 0.131% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.047720.0100pay 0.0100% / 8h6h 09m$842K$245K75x
ShortBitget IOTAUSDT0.047820.0100get 0.0100% / 8h6h 09m$1.7M$728K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.210% → +0.078%
$13.13
Slippage, 4 orders
−$265.36
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$279.22
Costs to cover
2.924%
Break-even
never at this rate
Slippage from Gate: live order book, 57 min ago; Bitget: 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 Gate live order book, 57 min ago7.20 bp82.8 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.22 bp38.5 bp −$39153.7 bp −$1,537doesn't fitdoesn't fit

IOTA on 11 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−0.0091%1h0.04786+0.289%$18K$12K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04787+0.314%$968K$331K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04780+0.162%$3.5M$6.0M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04776+0.084%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04771−0.021%$558K$1.4M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04772long leg$842K$245K75x
MEXC IOTA_USDT+0.0100%8h0.04780+0.168%$588K$178K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04782+0.210%$1.7M$728K50x
BingX IOTA-USDT+0.0100%8h0.04779+0.147%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04780+0.161%$38K$36Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0804%8h0.04783+0.231%$2.7M$241K30xas long as short