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 BingX+0.430%7-day average +0.224% · you sell dearer than you buy
Net, funding: paid 7d − costs−$641as in the Funding arb table
Net, price: spread back to 7d avg − costs−$621as in the Price arb table
costs, in and out, $10k−$6416.412% 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)−0.631%−$63 · spread now +0.430%, 7d avg +0.224%
Together, before fees−0.631%−$63 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 0.206% dearer against BingX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.224%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTX-USDT0.0037190.0100pay 0.0100% / 8h3h 08m$1.6M
ShortKuCoin IOTXUSDTM0.0037350.0100get 0.0100% / 8h3h 08m$734K$60K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.430% → +0.224%
$20.57
Slippage, 4 orders
−$619.16
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$620.58
Costs to cover
6.412%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 6 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, 8 min ago6.63 bp36.9 bp −$37146.5 bp −$1,465814.7 bp −$81.5K1213.3 bp −$606.6K
Sell KuCoin live order book, 6 min ago31.71 bp290.9 bp −$291doesn'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
Kraken Futures PF_IOTXUSD−0.1898%1h0.003713−0.173%$32K$18K10xas long as short
Aster IOTXUSDT+0.0100%1h0.003723+0.101%$11K$16K5xas long as short
Binance IOTXUSDT+0.0100%8h0.003720+0.027%$2.2M$5.6M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.003722+0.081%$399K$611K25xas long as short
Gate IOTX_USDT+0.0100%8h0.003713−0.161%$142K$144K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003720+0.027%$785K$446K50xas long as short
KuCoin IOTXUSDTMshort+0.0100%8h0.003735+0.430%$734K$60K30x
Bitget IOTXUSDT+0.0100%8h0.003725+0.161%$333K$372K50xas long as short
BingX IOTX-USDTlong+0.0100%8h0.003719long leg$1.6M
Variational Omni IOTX+0.0100%8h0.003756+0.990%$3K$3Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTX-USDT+0.0108%8h0.003740+0.565%$206K$20K50xas long as short