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 OKX−0.062%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$970.971% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days+0.059%+$6 · spread now −0.062%, 7d avg +0.022%
Together, before fees+0.093%+$9 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 0.084% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.048060.0100pay 0.0100% / 8h3h 55m$560K$1.4M20x
ShortBingX IOTA-USDT0.048030.0100get 0.0100% / 8h3h 55m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: −0.062% → +0.022%
−$8.4
Slippage, 4 orders
−$77.14
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$105.55
Costs to cover
0.971%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 3 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 OKX live order book, 1 min ago3.13 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago6.25 bp25.3 bp −$2561.9 bp −$619413.6 bp −$41.4K517.3 bp −$258.6K

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
Hyperliquid IOTA+0.0100%1h0.04800−0.125%$900K$349K3xas long as short
Binance IOTAUSDT+0.0100%8h0.048060.000%$3.5M$6.0M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04801−0.104%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04806long leg$560K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04800−0.125%$831K$239K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04802−0.083%$591K$167K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04810+0.083%$1.8M$717K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04803−0.062%$2.3M
Variational Omni IOTA+0.0100%8h0.04792−0.298%$38K$20Kas long as short
BloFin IOTA-USDT+0.0124%8h0.04804−0.042%$169K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0172%1h0.04794−0.240%$19K$13K10xas long as short
KuCoin IOTAUSDTM+0.0960%8h0.048060.000%$2.8M$238K30xas long as short