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: BloFin against Bybit+0.053%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3683.685% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.053%, 7d avg +0.068%
=The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTXUSDT | 0.003769 | 0.0100 | pay 0.0100% / 8h | 4h 51m | $405K | $568K | 25x |
| Short | BloFin IOTX-USDT | 0.003771 | 0.0083 | get 0.0083% / 8h | 4h 51m | $204K | $17K | 50x |
Bybit IOTXUSDT
BloFin IOTX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$3.51
- Price spread: +0.053% → +0.068%
- −$1.46
- Slippage, 4 orders
- −$345.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$373.46
- Costs to cover
- 3.685%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 64 min ago; BloFin: live order book, 40 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, 64 min ago | 9.44 bp | 153.6 bp −$154 | 1450.6 bp −$14.5K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 10.69 bp | 28.5 bp −$29 | 83.3 bp −$833 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTX-USDTshort | +0.0083% | 8h | 0.003771 | +0.053% | $204K | $17K | 50x | |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003761 | −0.221% | $2.2M | $5.3M | 50x | as long as short |
| Bybit IOTXUSDTlong | +0.0100% | 8h | 0.003769 | long leg | $405K | $568K | 25x | |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003764 | −0.133% | $144K | $140K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003761 | −0.212% | $810K | $416K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003792 | +0.610% | $746K | $71K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003771 | +0.053% | $366K | $349K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003768 | −0.027% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003785 | +0.421% | $3K | $2K | — | as long as short |
| Aster IOTXUSDT | +0.0488% | 1h | 0.003767 | −0.057% | $11K | $15K | 5x | as long as short |
Binance IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
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 | +2.8840% | 1h | 0.003730 | −1.039% | $25K | $8K | 10x | as long as short |
Kraken Futures PF_IOTXUSD