Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BloFin−0.162%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.162%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.129% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTX-USDT | 0.003714 | 0.0117 | pay 0.0117% / 8h | 2h 17m | $200K | $20K | 50x |
| Short | MEXC IOTX_USDT | 0.003708 | 0.0100 | get 0.0100% / 8h | 2h 17m | $775K | $444K | 50x |
BloFin IOTX-USDT
MEXC IOTX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.51
- Price spread: −0.162% → −0.032%
- −$12.93
- Slippage, 4 orders
- −$86.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$119.09
- Costs to cover
- 1.026%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; MEXC: live order book, 23 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, 55 min ago | 1.33 bp | 27.6 bp −$28 | 92.8 bp −$928 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 5.43 bp | 28.7 bp −$29 | 123.1 bp −$1,231 | 293.9 bp −$29.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0100% | 1h | 0.003716 | +0.054% | $11K | $16K | 5x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003708 | −0.149% | $2.1M | $5.6M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003711 | −0.081% | $396K | $620K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003712 | −0.054% | $142K | $144K | 50x | as long as short |
| MEXC IOTX_USDTshort | +0.0100% | 8h | 0.003708 | −0.162% | $775K | $444K | 50x | |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003734 | +0.539% | $733K | $59K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003702 | −0.323% | $325K | $373K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003709 | −0.135% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003693 | −0.569% | $3K | $3K | — | as long as short |
| BloFin IOTX-USDTlong | +0.0117% | 8h | 0.003714 | long leg | $200K | $20K | 50x |
Aster IOTXUSDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +0.0756% | 1h | 0.003701 | −0.341% | $32K | $18K | 10x | as long as short |
Kraken Futures PF_IOTXUSD