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 Gate−0.104%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3193.186% 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)+0.127%+$13 · spread now −0.104%, 7d avg −0.001%
Together, before fees+0.092%+$9 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: OKX is 0.103% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.048240.0100pay 0.0100% / 8h1h 34m$887K$174K75x
ShortOKX IOTA-USDT-SWAP0.048190.0100get 0.0100% / 8h1h 34m$567K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.104% → −0.001%
−$10.25
Slippage, 4 orders
−$293.61
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$328.86
Costs to cover
3.186%
Break-even
never at this rate
Slippage from Gate: live order book, 47 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 Gate live order book, 47 min ago7.27 bp142.8 bp −$143doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.08 bp22.9 bp −$23doesn'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−0.0797%1h0.04823−0.022%$18K$16K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04827+0.056%$832K$238K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04823−0.028%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04822−0.041%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04819−0.104%$567K$1.3M20x
Gate IOTA_USDTlong+0.0100%8h0.04824long leg$887K$174K75x
MEXC IOTA_USDT+0.0100%8h0.04826+0.041%$602K$185K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04833+0.187%$1.8M$657K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04822−0.041%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04823−0.022%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0116%8h0.04820−0.083%$168K$36K75xas long as short
KuCoin IOTAUSDTM+0.0601%8h0.04835+0.228%$2.7M$222K30xas long as short