Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.021%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.021%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04783 | 0.0100 | pay 0.0100% / 8h | 2h 28m | $562K | $1.3M | 20x |
| Short | Binance IOTAUSDT | 0.04784 | 0.0100 | get 0.0100% / 8h | 2h 28m | $3.4M | $5.7M | 75x |
OKX IOTA-USDT-SWAP
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.021% → +0.055%
- −$3.4
- Slippage, 4 orders
- −$63.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.75
- Costs to cover
- 0.833%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 10 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 OKX live order book, 3 min ago | 3.14 bp | 24.0 bp −$24 | 6619.4 bp −$66.2K | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.05 bp | 15.3 bp −$15 | 52.0 bp −$520 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0670% | 1h | 0.04788 | +0.109% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0082% | 8h | 0.04783 | 0.000% | $168K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04785 | +0.046% | $824K | $246K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04784 | +0.021% | $3.4M | $5.7M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04783 | 0.000% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04783 | long leg | $562K | $1.3M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04779 | −0.084% | $880K | $177K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04784 | +0.021% | $584K | $187K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | 0.000% | $1.7M | $600K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04783 | 0.000% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04782 | −0.015% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0630% | 8h | 0.04791 | +0.167% | $2.7M | $224K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM