Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against OKX+0.104%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$3213.213% 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 4 days (all we have)−0.127%−$13 · spread now +0.104%, 7d avg +0.001%
Together, before fees−0.092%−$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: Gate is 0.103% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.048240.0100pay 0.0100% / 8h1h 37m$568K$1.3M20x
ShortGate IOTA_USDT0.048290.0100get 0.0100% / 8h1h 37m$888K$174K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.104% → +0.001%
$10.25
Slippage, 4 orders
−$296.29
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$311.03
Costs to cover
3.213%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 45 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, 4 min ago5.18 bp24.3 bp −$246196.8 bp −$62.0Kdoesn't fitdoesn't fit
Sell Gate live order book, 45 min ago7.27 bp128.5 bp −$128doesn't fitdoesn'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−0.0796%1h0.04828+0.087%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0078%8h0.04830+0.124%$168K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04829+0.112%$832K$238K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04827+0.062%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04828+0.083%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04824long leg$568K$1.3M20x
Gate IOTA_USDTshort+0.0100%8h0.04829+0.104%$888K$174K75x
MEXC IOTA_USDT+0.0100%8h0.04827+0.062%$602K$184K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04838+0.290%$1.8M$657K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04830+0.124%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04826+0.051%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0599%8h0.04838+0.290%$2.7M$222K30xas long as short