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 Binance+0.430%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3603.598% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.510%−$51 · spread now +0.430%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.473% dearer against Binance than usual: you sell high and buy low, +$47 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTXUSDT | 0.003717 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $2.1M | $5.2M | 50x |
| Short | Bybit IOTXUSDT | 0.003733 | 0.0100 | get 0.0100% / 8h | 6h 32m | $374K | $512K | 25x |
Binance IOTXUSDT
Bybit IOTXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: +0.430% → −0.042%
- $47.29
- Slippage, 4 orders
- −$338.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$312.48
- Costs to cover
- 3.598%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 27 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 Binance live order book, 5 min ago | 2.71 bp | 28.7 bp −$29 | 165.8 bp −$1,658 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 27 min ago | 6.78 bp | 136.0 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
IOTX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0100% | 1h | 0.003700 | −0.460% | $11K | $15K | 5x | as long as short |
| Binance IOTXUSDTlong | +0.0100% | 8h | 0.003717 | long leg | $2.1M | $5.2M | 50x | |
| Bybit IOTXUSDTshort | +0.0100% | 8h | 0.003733 | +0.430% | $374K | $512K | 25x | |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003713 | −0.108% | $140K | $156K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003710 | −0.188% | $804K | $438K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003718 | +0.027% | $731K | $80K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003731 | +0.377% | $345K | $329K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003719 | +0.054% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003717 | −0.002% | $3K | $2K | — | as long as short |
| Kraken Futures PF_IOTXUSD | +2.7522% | 1h | 0.003715 | −0.067% | $25K | $8K | 10x | as long as short |
Aster IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
Kraken Futures PF_IOTXUSD