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: Bybit against BingX−0.297%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$375as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3753.753% 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)+0.247%+$25 · spread now −0.297%, 7d avg −0.011%
Together, before fees+0.247%+$25 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: Bybit is 0.286% cheaper against BingX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTX-USDT0.0037000.0100pay 0.0100% / 8h2h 31m$1.6M
ShortBybit IOTXUSDT0.0036890.0100get 0.0100% / 8h2h 31m$395K$621K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.297% → −0.011%
−$28.62
Slippage, 4 orders
−$354.3
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$403.92
Costs to cover
3.753%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 8 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 BingX live order book, 10 min ago6.74 bp36.9 bp −$37140.7 bp −$1,407863.5 bp −$86.4K1231.6 bp −$615.8K
Sell Bybit live order book, 8 min ago9.49 bp138.1 bp −$138doesn'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%8h0.003691−0.243%$203K$20K50xas long as short
Aster IOTXUSDT+0.0100%1h0.003685−0.392%$11K$16K5xas long as short
Binance IOTXUSDT+0.0100%8h0.003691−0.243%$2.1M$5.6M50xas long as short
Bybit IOTXUSDTshort+0.0100%8h0.003689−0.297%$395K$621K25x
Gate IOTX_USDT+0.0100%8h0.003690−0.270%$141K$143K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003691−0.243%$777K$443K50xas long as short
KuCoin IOTXUSDTM+0.0100%8h0.003711+0.297%$728K$60K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003691−0.243%$329K$366K50xas long as short
BingX IOTX-USDTlong+0.0100%8h0.003700long leg$1.6M
Variational Omni IOTX+0.0100%8h0.003719+0.511%$3K$3Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+0.0759%1h0.003686−0.388%$32K$18K10xas long as short