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: MEXC against Bybit−0.053%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3293.295% 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)+0.121%+$12 · spread now −0.053%, 7d avg +0.042%
Together, before fees+0.121%+$12 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: MEXC is 0.096% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTXUSDT0.0037470.0100pay 0.0100% / 8h6h 27m$380K$515K25x
ShortMEXC IOTX_USDT0.0037450.0100get 0.0100% / 8h6h 27m$812K$438K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.053% → +0.042%
−$9.57
Slippage, 4 orders
−$314.48
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$339.04
Costs to cover
3.295%
Break-even
never at this rate
Slippage from Bybit: live order book, 32 min ago; MEXC: live order book, 33 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, 32 min ago6.78 bp150.4 bp −$1501571.8 bp −$15.7Kdoesn't fitdoesn't fit
Sell MEXC live order book, 33 min ago4.07 bp26.1 bp −$2689.7 bp −$897280.0 bp −$28.0Kdoesn't fit

IOTX on 10 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%8h0.003746−0.027%$2.1M$5.2M50xas long as short
Bybit IOTXUSDTlong+0.0100%8h0.003747long leg$380K$515K25x
Gate IOTX_USDT+0.0100%8h0.003744−0.080%$141K$157K50xas long as short
MEXC IOTX_USDTshort+0.0100%8h0.003745−0.053%$812K$438K50x
KuCoin IOTXUSDTM+0.0100%8h0.003762+0.400%$740K$79K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003740−0.187%$353K$334K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003748+0.027%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003731−0.429%$3K$2Kas long as short
Aster IOTXUSDT+0.0137%1h0.003735−0.316%$11K$15K5xas long as short
Kraken Futures PF_IOTXUSD+2.7265%1h0.003750+0.068%$25K$8K10xas long as short