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

IOTX

all IOTX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.271%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,013as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,005as in the Price arb table
costs, in and out, $10k−$1,01310.132% 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)−0.607%−$61 · spread now +0.271%, 7d avg +0.186%
Together, before fees−0.607%−$61 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 0.086% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.186%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTXUSDT0.0036850.0100pay 0.0100% / 8h7h 39m$359K$437K50x
ShortKuCoin IOTXUSDTM0.0036950.0100get 0.0100% / 8h7h 39m$731K$64K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: +0.271% → +0.186%
$8.58
Slippage, 4 orders
−$989.2
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,004.62
Costs to cover
10.132%
Break-even
never at this rate
Slippage from Bitget: live order book, 51 min ago; KuCoin: live order book, 15 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 Bitget live order book, 51 min ago8.16 bp53.3 bp −$53441.3 bp −$4,413doesn't fitdoesn't fit
Sell KuCoin live order book, 15 min ago12.08 bp599.1 bp −$599doesn'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%8h0.003680−0.138%$2.1M$5.7M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.003681−0.109%$387K$655K25xas long as short
Gate IOTX_USDT+0.0100%8h0.003675−0.271%$141K$138K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003681−0.109%$769K$453K50xas long as short
KuCoin IOTXUSDTMshort+0.0100%8h0.003695+0.271%$731K$64K30x
Bitget IOTXUSDTlong+0.0100%8h0.003685long leg$359K$437K50x
BingX IOTX-USDT+0.0100%8h0.003682−0.081%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003693+0.228%$3K$4Kas long as short
BloFin IOTX-USDT+0.0123%8h0.0036850.000%$203K$20K50xas long as short
Kraken Futures PF_IOTXUSD+0.0203%1h0.003675−0.266%$32K$18K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IOTXUSDT+0.0661%1h0.003682−0.091%$11K$16K5xas long as short