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% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid+0.052%7-day average +0.082% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.052%, 7d avg +0.082%
Together, before fees+0.105%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 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 0.031% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid IOTA0.048450.0100pay 0.0013% / 1h56m 58s$838K$241K3x
ShortOKX IOTA-USDT-SWAP0.048480.0100get 0.0100% / 8h56m 58s$565K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Hyperliquid. 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: +0.052% → +0.082%
−$3.06
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$22.06
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 13 min ago; OKX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 13 min ago1.04 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.11 bp30.0 bp −$30doesn'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−0.0808%1h0.04850+0.099%$18K$16K10xas long as short
Hyperliquid IOTAlong+0.0100%1h0.04845long leg$838K$241K3x
Binance IOTAUSDT+0.0100%8h0.04847+0.031%$3.5M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04845−0.010%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04848+0.052%$565K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04845−0.010%$891K$174K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04846+0.010%$605K$181K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04858+0.258%$1.8M$672K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04846+0.010%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04828−0.364%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0128%8h0.04845−0.010%$169K$37K75xas long as short
KuCoin IOTAUSDTM+0.0665%8h0.04855+0.196%$2.7M$230K30xas long as short