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 Gate−0.108%7-day average +0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$777as in the Funding arb table
Net, price: spread back to 7d avg − costs−$786as in the Price arb table
costs, in and out, $10k−$7637.633% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.108%, 7d avg +0.119%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.227% cheaper against Gate than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTX_USDT | 0.003710 | 0.0100 | pay 0.0100% / 8h | 6h 33m | $140K | $156K | 50x |
| Short | Binance IOTXUSDT | 0.003706 | 0.0100 | get 0.0100% / 8h | 6h 33m | $2.1M | $5.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.108% → +0.119%
- −$22.68
- Slippage, 4 orders
- −$738.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$785.94
- Costs to cover
- 7.633%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; Binance: live order book, 4 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 Gate live order book, 28 min ago | 9.52 bp | 393.4 bp −$393 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.71 bp | 44.7 bp −$45 | 140.1 bp −$1,401 | doesn't fit | doesn't fit |
IOTX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0100% | 1h | 0.003701 | −0.246% | $11K | $15K | 5x | as long as short |
| Binance IOTXUSDTshort | +0.0100% | 8h | 0.003706 | −0.108% | $2.1M | $5.2M | 50x | |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003713 | +0.081% | $372K | $511K | 25x | as long as short |
| Gate IOTX_USDTlong | +0.0100% | 8h | 0.003710 | long leg | $140K | $156K | 50x | |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003707 | −0.081% | $805K | $438K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003718 | +0.216% | $731K | $80K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003712 | +0.054% | $343K | $329K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003712 | +0.054% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003717 | +0.187% | $3K | $2K | — | as long as short |
| Kraken Futures PF_IOTXUSD | +2.7522% | 1h | 0.003715 | +0.122% | $25K | $8K | 10x | as long as short |
Gate IOTX_USDT
Binance IOTXUSDT
Aster IOTXUSDT
Bybit IOTXUSDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
Kraken Futures PF_IOTXUSD