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: Bitget against MEXC+0.063%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.063%, 7d avg +0.031%
Together, before fees−0.037%−$4 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: Bitget is 0.032% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.047450.0100pay 0.0100% / 8h4h 47m$576K$170K125x
ShortBitget IOTAUSDT0.047480.0100get 0.0100% / 8h4h 47m$1.7M$708K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.063% → +0.031%
$3.25
Slippage, 4 orders
−$81.02
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.77
Costs to cover
0.970%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 5 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, 3 min ago3.16 bp9.8 bp −$1024.9 bp −$249225.8 bp −$22.6Kdoesn't fit
Sell Bitget live order book, 5 min ago6.30 bp35.6 bp −$36120.8 bp −$1,208doesn'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
BloFin IOTA-USDT+0.0086%8h0.04753+0.169%$169K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04753+0.175%$891K$399K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04747+0.045%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04744−0.021%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04747+0.042%$556K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04744−0.021%$822K$260K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04745long leg$576K$170K125x
Bitget IOTAUSDTshort+0.0100%8h0.04748+0.063%$1.7M$708K50x
BingX IOTA-USDT+0.0100%8h0.047450.000%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04754+0.193%$37K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0171%1h0.04749+0.092%$18K$12K10xas long as short
KuCoin IOTAUSDTM+0.0919%8h0.04757+0.253%$2.7M$241K30xas long as short