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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against MEXC+0.185%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$580.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.185%, 7d avg −0.012%
Together, before fees−0.061%−$6 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: BingX is 0.197% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.048630.0100pay 0.0100% / 8h7h 09m$608K$179K125x
ShortBingX IOTA-USDT0.048720.0100get 0.0100% / 8h7h 09m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: +0.185% → −0.012%
$19.7
Slippage, 4 orders
−$44.34
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.63
Costs to cover
0.583%
Break-even
never at this rate
Slippage from MEXC: live order book, 56 min ago; BingX: live order book, 9 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 MEXC live order book, 56 min ago2.06 bp7.8 bp −$820.7 bp −$207215.3 bp −$21.5Kdoesn't fit
Sell BingX live order book, 9 min ago6.19 bp22.5 bp −$2249.6 bp −$496366.4 bp −$36.6K496.9 bp −$248.5K

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−0.0081%1h0.04869+0.117%$18K$12K10xas long as short
Binance IOTAUSDT+0.0100%8h0.04865+0.034%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04871+0.165%$2.3M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04871+0.165%$568K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04869+0.123%$891K$177K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04863long leg$608K$179K125x
Bitget IOTAUSDT+0.0100%8h0.04879+0.329%$1.8M$699K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04872+0.185%$2.3M
Variational Omni IOTA+0.0100%8h0.04867+0.076%$38K$36Kas long as short
BloFin IOTA-USDT+0.0123%8h0.04879+0.329%$172K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0825%8h0.04887+0.494%$2.8M$236K30xas long as short
Hyperliquid IOTA+0.0944%1h0.04876+0.276%$993K$339K3xas long as short