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: Bybit against MEXC+0.104%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.104%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.134% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04789 | 0.0100 | pay 0.0100% / 8h | 3h 56m | $590K | $167K | 125x |
| Short | Bybit IOTAUSDT | 0.04794 | 0.0100 | get 0.0100% / 8h | 3h 56m | $2.2M | $1.5M | 75x |
MEXC IOTA_USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.104% → −0.029%
- $13.36
- Slippage, 4 orders
- −$78.31
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.94
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; Bybit: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 54 min ago | 3.16 bp | 9.8 bp −$10 | 24.9 bp −$249 | 225.8 bp −$22.6K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.18 bp | 37.9 bp −$38 | 334.4 bp −$3,344 | doesn't fit | doesn't fit |
IOTA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0100% | 1h | 0.04791 | +0.042% | $899K | $349K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04794 | +0.108% | $3.5M | $6.0M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04794 | +0.104% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04792 | +0.063% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04788 | −0.021% | $829K | $239K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04789 | long leg | $590K | $167K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04797 | +0.167% | $1.8M | $717K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04794 | +0.104% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04790 | +0.024% | $38K | $20K | — | as long as short |
| BloFin IOTA-USDT | +0.0124% | 8h | 0.04804 | +0.313% | $169K | $43K | 75x | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0172% | 1h | 0.04794 | +0.114% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.0956% | 8h | 0.04802 | +0.271% | $2.7M | $238K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM