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

IOTX

all IOTX 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: Gate against Binance−0.027%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$848as in the Funding arb table
Net, price: spread back to 7d avg − costs−$852as in the Price arb table
costs, in and out, $10k−$8618.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.027%, 7d avg −0.115%
Together, before fees+0.175%+$17 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 0.088% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOTXUSDT0.0036910.0100pay 0.0100% / 8h2h 31m$2.1M$5.6M50x
ShortGate IOTX_USDT0.0036900.0100get 0.0100% / 8h2h 31m$141K$143K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: −0.027% → −0.115%
$8.8
Slippage, 4 orders
−$836.25
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$852.44
Costs to cover
8.612%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 9 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 Binance live order book, 6 min ago5.40 bp34.4 bp −$34196.9 bp −$1,969doesn't fitdoesn't fit
Sell Gate live order book, 9 min ago6.79 bp360.1 bp −$360doesn't fitdoesn't fitdoesn't fit

IOTX on 11 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
BloFin IOTX-USDT+0.0073%8h0.0036910.000%$203K$20K50xas long as short
Aster IOTXUSDT+0.0100%1h0.003685−0.150%$11K$16K5xas long as short
Binance IOTXUSDTlong+0.0100%8h0.003691long leg$2.1M$5.6M50x
Bybit IOTXUSDT+0.0100%8h0.003689−0.054%$395K$621K25xas long as short
Gate IOTX_USDTshort+0.0100%8h0.003690−0.027%$141K$143K50x
MEXC IOTX_USDT+0.0100%8h0.0036910.000%$777K$443K50xas long as short
KuCoin IOTXUSDTM+0.0100%8h0.003711+0.542%$728K$60K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.0036910.000%$329K$366K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003700+0.244%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003719+0.757%$3K$3Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+0.0759%1h0.003686−0.145%$32K$18K10xas long as short