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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0525%/8h= +57.5% APRnext payment +$5.25 per $10,000 · paid last 24h +0.199%
Price spread now: KuCoin against Variational Omni+0.293%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.293% dearer against Variational Omni than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IOTA0.048140.0100pay 0.0100% / 8h1h 29m$38K$36K
ShortKuCoin IOTAUSDTM0.048280.0625get 0.0625% / 8h1h 29m$2.7M$222K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$110.25
Price spread: +0.293% → 0.000%
$29.29
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$127.54
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell KuCoin live order book, 2 min ago23.79 bp121.3 bp −$121592.2 bp −$5,922doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0798%1h0.04813−0.016%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0099%8h0.04809−0.102%$168K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04817+0.058%$830K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04814+0.002%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04811−0.060%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04810−0.081%$564K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04809−0.102%$884K$175K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04812−0.039%$600K$186K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04824+0.210%$1.8M$657K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04816+0.044%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTAlong+0.0100%8h0.04814long leg$38K$36K
KuCoin IOTAUSDTMshort+0.0625%8h0.04828+0.293%$2.7M$222K30x