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: MEXC against OKX+0.127%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$730.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.127%, 7d avg +0.049%
Together, before fees−0.219%−$22 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: MEXC is 0.077% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.047420.0100pay 0.0100% / 8h2h 35m$553K$1.4M20x
ShortMEXC IOTA_USDT0.047480.0100get 0.0100% / 8h2h 35m$569K$170K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.127% → +0.049%
$7.71
Slippage, 4 orders
−$58.76
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$65.05
Costs to cover
0.728%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 5 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, 2 min ago4.22 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.12 bp9.2 bp −$930.8 bp −$308237.9 bp −$23.8Kdoesn'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+0.0084%1h0.04753+0.241%$19K$13K10xas long as short
BloFin IOTA-USDT+0.0085%8h0.04751+0.190%$168K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04750+0.173%$892K$333K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04743+0.021%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04745+0.063%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04742long leg$553K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04746+0.084%$819K$259K75xas long as short
MEXC IOTA_USDTshort+0.0100%8h0.04748+0.127%$569K$170K125x
Bitget IOTAUSDT+0.0100%8h0.04753+0.232%$1.8M$719K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04746+0.084%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04740−0.047%$37K$20Kas long as short
KuCoin IOTAUSDTM+0.1037%8h0.04750+0.169%$2.7M$235K30xas long as short