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: MEXC against Gate−0.021%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2542.543% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.021%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.071% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04822 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $886K | $175K | 75x |
| Short | MEXC IOTA_USDT | 0.04821 | 0.0100 | get 0.0100% / 8h | 1h 09m | $601K | $189K | 125x |
Gate IOTA_USDT
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.021% → +0.051%
- −$7.13
- Slippage, 4 orders
- −$235.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$261.41
- Costs to cover
- 2.543%
- Break-even
- never at this rate
Slippage from Gate: live order book, 7 min ago; MEXC: live order book, just now.
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, 7 min ago | 9.33 bp | 154.7 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 3.11 bp | 10.0 bp −$10 | 26.3 bp −$263 | 222.8 bp −$22.3K | 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 | −0.0797% | 1h | 0.04821 | −0.023% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0100% | 8h | 0.04818 | −0.083% | $169K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04825 | +0.071% | $833K | $238K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04822 | +0.010% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04820 | −0.041% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04820 | −0.041% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04822 | long leg | $886K | $175K | 75x | |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04821 | −0.021% | $601K | $189K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04832 | +0.207% | $1.8M | $671K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04822 | 0.000% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04820 | −0.045% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0676% | 8h | 0.04824 | +0.041% | $2.7M | $231K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM