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 BingX−0.238%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$806as in the Funding arb table
Net, price: spread back to 7d avg − costs−$834as in the Price arb table
costs, in and out, $10k−$8198.195% 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)+0.204%+$20 · spread now −0.238%, 7d avg −0.093%
Together, before fees+0.337%+$34 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 0.145% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTX-USDT0.0037810.0100pay 0.0100% / 8h4h 56m$1.6M
ShortGate IOTX_USDT0.0037720.0100get 0.0100% / 8h4h 56m$143K$139K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.238% → −0.093%
−$14.49
Slippage, 4 orders
−$794.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$833.97
Costs to cover
8.195%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 59 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, 4 min ago6.63 bp38.9 bp −$39154.3 bp −$1,543767.4 bp −$76.7K1126.9 bp −$563.5K
Sell Gate live order book, 59 min ago9.38 bp398.2 bp −$398doesn'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
Binance IOTXUSDT+0.0100%8h0.003779−0.053%$2.2M$5.3M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.0037810.000%$406K$565K25xas long as short
Gate IOTX_USDTshort+0.0100%8h0.003772−0.238%$143K$139K50x
MEXC IOTX_USDT+0.0100%8h0.003778−0.079%$817K$415K50xas long as short
KuCoin IOTXUSDTM+0.0100%8h0.003800+0.503%$747K$71K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003775−0.159%$367K$349K50xas long as short
BingX IOTX-USDTlong+0.0100%8h0.003781long leg$1.6M
Variational Omni IOTX+0.0100%8h0.003773−0.206%$3K$2Kas long as short
BloFin IOTX-USDT+0.0110%8h0.003758−0.608%$202K$17K50xas long as short
Aster IOTXUSDT+0.0447%1h0.003768−0.335%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+2.8698%1h0.003748−0.865%$25K$8K10xas long as short