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: BingX against Bybit−0.133%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$3783.777% 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)+0.133%+$13 · spread now −0.133%, 7d avg +0.015%
Together, before fees+0.133%+$13 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: BingX is 0.148% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTXUSDT0.0037580.0100pay 0.0100% / 8h5h 42m$411K$545K25x
ShortBingX IOTX-USDT0.0037530.0100get 0.0100% / 8h5h 42m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.133% → +0.015%
−$14.8
Slippage, 4 orders
−$356.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$392.53
Costs to cover
3.777%
Break-even
never at this rate
Slippage from Bybit: live order book, 12 min ago; BingX: live order book, 3 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 Bybit live order book, 12 min ago9.44 bp153.6 bp −$1541450.6 bp −$14.5Kdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago6.72 bp32.2 bp −$32105.9 bp −$1,059829.1 bp −$82.9K1287.6 bp −$643.8K

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%8h0.003752−0.164%$2.1M$5.2M50xas long as short
Bybit IOTXUSDTlong+0.0100%8h0.003758long leg$411K$545K25x
Gate IOTX_USDT+0.0100%8h0.003743−0.399%$142K$143K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003743−0.399%$810K$438K50xas long as short
KuCoin IOTXUSDTM+0.0100%8h0.003756−0.053%$738K$79K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003746−0.319%$355K$340K50xas long as short
BingX IOTX-USDTshort+0.0100%8h0.003753−0.133%$1.6M
Variational Omni IOTX+0.0100%8h0.003718−1.055%$3K$2Kas long as short
BloFin IOTX-USDT+0.0129%8h0.003752−0.160%$200K$17K50xas long as short
Aster IOTXUSDT+0.0376%1h0.003732−0.684%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+1.1841%1h0.003741−0.440%$25K$8K10xas long as short