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 OKX−0.063%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.063%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.063% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04752 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $553K | $1.4M | 20x |
| Short | Bybit IOTAUSDT | 0.04749 | 0.0100 | get 0.0100% / 8h | 2h 20m | $2.2M | $1.5M | 75x |
OKX IOTA-USDT-SWAP
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.063% → −0.001%
- −$6.25
- Slippage, 4 orders
- −$109.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.75
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago | 4.22 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.17 bp | 38.4 bp −$38 | 89.5 bp −$895 | 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 | +0.0084% | 1h | 0.04754 | +0.046% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04756 | +0.074% | $893K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04756 | +0.091% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04749 | −0.063% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04752 | long leg | $553K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04744 | −0.168% | $818K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04757 | +0.105% | $574K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04754 | +0.042% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04749 | −0.063% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04736 | −0.344% | $49K | $31K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0104% | 8h | 0.04745 | −0.147% | $166K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.1025% | 8h | 0.04749 | −0.063% | $2.7M | $235K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM