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: BloFin against MEXC−0.105%94s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.576% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.105%, 7d avg +0.023%
Together, before fees+0.137%+$14 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: BloFin is 0.127% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.047830.0100pay 0.0100% / 8h2h 51m$587K$168K125x
ShortBloFin IOTA-USDT0.047780.0100get 0.0100% / 8h2h 51m$168K$43K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.03
Price spread: −0.105% → +0.023%
−$12.72
Slippage, 4 orders
−$41.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$70.34
Costs to cover
0.576%
Break-even
15878.8 days
Slippage from MEXC: live order book, 54 min ago; BloFin: live order book, 28 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, 54 min ago3.13 bp10.6 bp −$1121.1 bp −$211208.1 bp −$20.8Kdoesn't fit
Sell BloFin live order book, 28 min ago3.13 bp15.9 bp −$1646.3 bp −$463doesn'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+0.0084%1h0.04783+0.005%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04788+0.098%$899K$334K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04784+0.028%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.047830.000%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.047830.000%$559K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04778−0.105%$825K$257K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04783long leg$587K$168K125x
Bitget IOTAUSDT+0.0100%8h0.047830.000%$1.8M$718K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04778−0.105%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04775−0.164%$38K$20Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDTshort+0.0100%8h0.04778−0.105%$168K$43K75x
KuCoin IOTAUSDTM+0.1041%8h0.04781−0.042%$2.7M$235K30xas long as short