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

IOTA

All IOTA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotIOTA-USDT
0.03769spotno funding——$638K1xBuy OKX Spot
SHORT
OKXIOTA-USDT-SWAP
0.03756+0.0055get 0.0055% / 8h7h 42m$540K$855K20xShort OKX
Price gap−0.345%
Funding gap+0.0055% /8h

Funding pays +$2 a day on $10k, but the gap is 0.190% under its 7d average: −$19 if it goes back, about 12 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$15+0.0055% /8h now · paid +0.146% over the last 7D
Price−$19spread −0.345% now, avg −0.155% → −0.190% if it goes back
Costs−$1531.526% of $10k · taker + slippage, in and out
Result−$157−1.57%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.345%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IOTA on 12 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size49.2 / 31.0 bp
    At $10k entering OKX Spot costs 49.2 bp, fee and slippage, 1.6× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; OKX settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$1.64Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$1.64.
  • Watch: Gap narrower than usual−0.345% vs −0.155%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$540K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0069%/8h × 21 periods+$14.59
Price spread−0.345% → −0.155% (7d avg)−$19.00
Slippage, 4 orderslive order books−$122.62
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$157.03
Costs to cover1.526%Break-even82.3 days
Slippage: OKX Spot: live order book, 18 min ago; OKX: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot5.3749.2 bp−$49doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.9831.0 bp−$31doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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