Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against BloFin+0.054%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1441.444% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.127%−$13 · spread now +0.054%, 7d avg −0.015%
=The price spread pays, funding is against you. Bitget is 0.068% dearer against BloFin than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.015%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days. At the pace of the last 7 days (−0.004% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTX-USDT | 0.003708 | 0.0109 | pay 0.0109% / 8h | 7h 18m | $196K | $17K | 50x |
| Short | Bitget IOTXUSDT | 0.003710 | 0.0100 | get 0.0100% / 8h | 7h 18m | $358K | $328K | 50x |
BloFin IOTX-USDT
Bitget IOTXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.99
- Price spread: +0.054% → −0.015%
- $6.84
- Slippage, 4 orders
- −$120.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$139.53
- Costs to cover
- 1.444%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 46 min ago; Bitget: live order book, 46 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 46 min ago | 2.69 bp | 23.9 bp −$24 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 9.40 bp | 56.7 bp −$57 | 173.5 bp −$1,735 | doesn't fit | doesn't fit |
IOTX on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance IOTXUSDT | +0.0100% | 8h | 0.003702 | −0.169% | $2.1M | $5.1M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003707 | −0.027% | $373K | $484K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003704 | −0.108% | $141K | $156K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003701 | −0.189% | $808K | $439K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003732 | +0.647% | $734K | $81K | 30x | as long as short |
| Bitget IOTXUSDTshort | +0.0100% | 8h | 0.003710 | +0.054% | $358K | $328K | 50x | |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003702 | −0.162% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003712 | +0.118% | $3K | $2K | — | as long as short |
| BloFin IOTX-USDTlong | +0.0109% | 8h | 0.003708 | long leg | $196K | $17K | 50x | |
| Aster IOTXUSDT | +0.0118% | 1h | 0.003707 | −0.014% | $11K | $15K | 5x | as long as short |
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
BingX IOTX-USDT
Variational Omni IOTX
Aster IOTXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +0.0303% | 1h | 0.003709 | +0.039% | $25K | $8K | 10x | as long as short |
Kraken Futures PF_IOTXUSD