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: KuCoin against Bybit+0.629%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,095as in the Price arb table
costs, in and out, $10k−$1,13411.340% 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)−0.747%−$75 · spread now +0.629%, 7d avg +0.236%
Together, before fees−0.747%−$75 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: KuCoin is 0.393% dearer against Bybit than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of +0.236%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTXUSDT0.0038150.0100pay 0.0100% / 8h4h 25m$410K$585K25x
ShortKuCoin IOTXUSDTM0.0038390.0100get 0.0100% / 8h4h 25m$755K$62K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.629% → +0.236%
$39.28
Slippage, 4 orders
−$1,110.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,094.7
Costs to cover
11.340%
Break-even
never at this rate
Slippage from Bybit: live order book, 24 min ago; KuCoin: live order book, 59 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, 24 min ago9.28 bp142.7 bp −$1431398.8 bp −$14.0Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 59 min ago37.22 bp608.8 bp −$609doesn't fitdoesn't fitdoesn't fit

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
BloFin IOTX-USDT+0.0072%8h0.003764−1.337%$203K$18K50xas long as short
Binance IOTXUSDT+0.0100%8h0.003817+0.046%$2.2M$5.4M50xas long as short
Bybit IOTXUSDTlong+0.0100%8h0.003815long leg$410K$585K25x
Gate IOTX_USDT+0.0100%8h0.003810−0.131%$145K$142K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003819+0.105%$822K$430K50xas long as short
KuCoin IOTXUSDTMshort+0.0100%8h0.003839+0.629%$755K$62K30x
Bitget IOTXUSDT+0.0100%8h0.003819+0.105%$366K$352K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003816+0.026%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003784−0.818%$3K$2Kas long as short
Aster IOTXUSDT+0.0134%1h0.003790−0.661%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+2.8413%1h0.003786−0.763%$28K$11K10xas long as short