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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Hyperliquid−0.329%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.329% cheaper against Hyperliquid than usual: you would sell low and buy high, −$33 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid IOTA0.048270.0100pay 0.0013% / 1h21m 07s$832K$238K3x
ShortVariational Omni IOTA0.048110.0100get 0.0100% / 8h1h 21m$38K$36K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.329% → 0.000%
−$32.94
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$41.94
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 59 min ago; Variational Omni: no order-book sample. 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, 59 min ago1.04 bp36.7 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.04823−0.097%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0071%8h0.04821−0.131%$170K$36K75xas long as short
Hyperliquid IOTAlong+0.0100%1h0.04827long leg$832K$238K3x
Binance IOTAUSDT+0.0100%8h0.04822−0.099%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04819−0.172%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04821−0.131%$563K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04820−0.151%$886K$175K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04823−0.089%$601K$188K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04827−0.006%$1.8M$665K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04821−0.131%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTAshort+0.0100%8h0.04811−0.329%$38K$36K
KuCoin IOTAUSDTM+0.0641%8h0.04831+0.077%$2.7M$231K30xas long as short