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: MEXC against Bitget−0.265%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1411.415% 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)+0.097%+$10 · spread now −0.265%, 7d avg −0.030%
Together, before fees+0.097%+$10 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: MEXC is 0.235% cheaper against Bitget than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTXUSDT0.0037750.0100pay 0.0100% / 8h4h 52m$367K$349K50x
ShortMEXC IOTX_USDT0.0037650.0100get 0.0100% / 8h4h 52m$814K$416K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.265% → −0.030%
−$23.48
Slippage, 4 orders
−$125.49
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$164.98
Costs to cover
1.415%
Break-even
never at this rate
Slippage from Bitget: live order book, 62 min ago; MEXC: live order book, 63 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, 62 min ago12.04 bp49.9 bp −$50328.7 bp −$3,287doesn't fitdoesn't fit
Sell MEXC live order book, 63 min ago2.68 bp20.8 bp −$2178.6 bp −$786277.1 bp −$27.7Kdoesn'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%8h0.003763−0.318%$2.2M$5.3M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.003771−0.106%$404K$568K25xas long as short
Gate IOTX_USDT+0.0100%8h0.003770−0.132%$144K$140K50xas long as short
MEXC IOTX_USDTshort+0.0100%8h0.003765−0.265%$814K$416K50x
KuCoin IOTXUSDTM+0.0100%8h0.003799+0.636%$747K$71K30xas long as short
Bitget IOTXUSDTlong+0.0100%8h0.003775long leg$367K$349K50x
BingX IOTX-USDT+0.0100%8h0.003771−0.106%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003785+0.262%$3K$2Kas long as short
BloFin IOTX-USDT+0.0106%8h0.003776+0.026%$204K$17K50xas long as short
Aster IOTXUSDT+0.0502%1h0.003774−0.025%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+2.8822%1h0.003732−1.134%$25K$8K10xas long as short