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: Binance against Bybit−0.178%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$3803.796% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.178%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.219% cheaper against Bybit than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTXUSDT | 0.003758 | 0.0100 | pay 0.0100% / 8h | 5h 43m | $411K | $545K | 25x |
| Short | Binance IOTXUSDT | 0.003751 | 0.0100 | get 0.0100% / 8h | 5h 43m | $2.1M | $5.2M | 50x |
Bybit IOTXUSDT
Binance IOTXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.178% → +0.041%
- −$21.9
- Slippage, 4 orders
- −$358.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$401.51
- Costs to cover
- 3.796%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 12 min ago; Binance: live order book, 10 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 Bybit live order book, 12 min ago | 9.44 bp | 153.6 bp −$154 | 1450.6 bp −$14.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 4.04 bp | 35.9 bp −$36 | 143.7 bp −$1,437 | 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 IOTXUSDTshort | +0.0100% | 8h | 0.003751 | −0.178% | $2.1M | $5.2M | 50x | |
| Bybit IOTXUSDTlong | +0.0100% | 8h | 0.003758 | long leg | $411K | $545K | 25x | |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003743 | −0.399% | $142K | $143K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003743 | −0.399% | $810K | $438K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003756 | −0.053% | $738K | $79K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003746 | −0.319% | $355K | $340K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003753 | −0.133% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003718 | −1.055% | $3K | $2K | — | as long as short |
| BloFin IOTX-USDT | +0.0129% | 8h | 0.003752 | −0.160% | $200K | $17K | 50x | as long as short |
| Aster IOTXUSDT | +0.0376% | 1h | 0.003732 | −0.681% | $11K | $15K | 5x | as long as short |
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
BloFin IOTX-USDT
Aster IOTXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +1.1841% | 1h | 0.003741 | −0.440% | $25K | $8K | 10x | as long as short |
Kraken Futures PF_IOTXUSD