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: Bybit against Gate+0.084%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2672.665% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.084%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.064% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04779 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $842K | $246K | 75x |
| Short | Bybit IOTAUSDT | 0.04783 | 0.0100 | get 0.0100% / 8h | 6h 08m | $2.2M | $1.5M | 75x |
Gate IOTA_USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.084% → +0.019%
- $6.44
- Slippage, 4 orders
- −$240.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$260.06
- Costs to cover
- 2.665%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; Bybit: live order book, 3 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 Gate live order book, 58 min ago | 7.20 bp | 82.8 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.18 bp | 35.1 bp −$35 | 75.5 bp −$755 | doesn't fit | doesn't fit |
IOTA on 11 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 | −0.0091% | 1h | 0.04780 | +0.029% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04796 | +0.349% | $969K | $332K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04785 | +0.118% | $3.5M | $6.0M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04783 | +0.084% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04782 | +0.063% | $559K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04779 | long leg | $842K | $246K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04783 | +0.084% | $588K | $178K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04785 | +0.126% | $1.7M | $725K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04783 | +0.084% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04780 | +0.014% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0799% | 8h | 0.04784 | +0.105% | $2.7M | $241K | 30x | as long as short |
KuCoin IOTAUSDTM