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 Gate+0.271%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$891as in the Funding arb table
Net, price: spread back to 7d avg − costs−$860as in the Price arb table
costs, in and out, $10k−$8778.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.133%−$13 on $10k
Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.271%, 7d avg +0.092%
Together, before fees−0.412%−$41 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 0.179% dearer against Gate than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTX_USDT0.0036900.0100pay 0.0100% / 8h2h 32m$141K$143K50x
ShortBingX IOTX-USDT0.0037000.0100get 0.0100% / 8h2h 32m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.271% → +0.092%
$17.86
Slippage, 4 orders
−$852.43
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$859.57
Costs to cover
8.774%
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; BingX: live order book, 10 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 Gate live order book, 8 min ago6.79 bp429.9 bp −$430doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago6.74 bp50.6 bp −$51125.9 bp −$1,259693.5 bp −$69.3K1184.4 bp −$592.2K

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+0.0073%8h0.003691+0.027%$203K$20K50xas long as short
Aster IOTXUSDT+0.0100%1h0.003686−0.121%$11K$16K5xas long as short
Binance IOTXUSDT+0.0100%8h0.003691+0.027%$2.1M$5.6M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.003688−0.054%$395K$621K25xas long as short
Gate IOTX_USDTlong+0.0100%8h0.003690long leg$141K$143K50x
MEXC IOTX_USDT+0.0100%8h0.003691+0.027%$777K$443K50xas long as short
KuCoin IOTXUSDTM+0.0100%8h0.003710+0.542%$728K$60K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003691+0.027%$329K$366K50xas long as short
BingX IOTX-USDTshort+0.0100%8h0.003700+0.271%$1.6M
Variational Omni IOTX+0.0100%8h0.003719+0.784%$3K$3Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+0.0759%1h0.003686−0.118%$32K$18K10xas long as short