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: KuCoin against Binance+0.674%7-day average +0.218% · you sell dearer than you buy
Net, funding: paid 7d − costs−$984as in the Funding arb table
Net, price: spread back to 7d avg − costs−$938as in the Price arb table
costs, in and out, $10k−$9849.839% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.742%−$74 · spread now +0.674%, 7d avg +0.218%
Together, before fees−0.742%−$74 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: KuCoin is 0.457% dearer against Binance than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of +0.218%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOTXUSDT0.0037050.0100pay 0.0100% / 8h40m 42s$2.1M$5.6M50x
ShortKuCoin IOTXUSDTM0.0037300.0100get 0.0100% / 8h40m 42s$732K$58K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.674% → +0.218%
$45.66
Slippage, 4 orders
−$961.9
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$938.24
Costs to cover
9.839%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 24 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, 12 min ago4.05 bp39.8 bp −$40192.0 bp −$1,920doesn't fitdoesn't fit
Sell KuCoin live order book, 24 min ago19.93 bp672.7 bp −$673doesn'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+0.0074%8h0.003707+0.054%$201K$20K50xas long as short
Binance IOTXUSDTlong+0.0100%8h0.003705long leg$2.1M$5.6M50x
Bybit IOTXUSDT+0.0100%8h0.003701−0.108%$397K$642K25xas long as short
Gate IOTX_USDT+0.0100%8h0.003700−0.135%$142K$143K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003704−0.027%$802K$449K50xas long as short
KuCoin IOTXUSDTMshort+0.0100%8h0.003730+0.674%$732K$58K30x
Bitget IOTXUSDT+0.0100%8h0.003703−0.054%$349K$413K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003696−0.243%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003708+0.075%$3K$3Kas long as short
Kraken Futures PF_IOTXUSD+0.0346%1h0.003708+0.076%$32K$18K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IOTXUSDT+0.0475%1h0.0037050.000%$11K$15K5xas long as short