Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Gate+0.186%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$807as in the Price arb table
costs, in and out, $10k−$8098.089% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)+0.252%+$25 · spread now +0.186%, 7d avg +0.165%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.021% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTX_USDT | 0.003769 | 0.0100 | pay 0.0100% / 8h | 4h 53m | $144K | $140K | 50x |
| Short | BloFin IOTX-USDT | 0.003776 | 0.0106 | get 0.0106% / 8h | 4h 53m | $204K | $17K | 50x |
Gate IOTX_USDT
BloFin IOTX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.17
- Price spread: +0.186% → +0.165%
- $2.07
- Slippage, 4 orders
- −$781.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$805.67
- Costs to cover
- 8.089%
- Break-even
- 4825.6 days
Slippage from Gate: live order book, 62 min ago; BloFin: live order book, 39 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, 62 min ago | 9.38 bp | 350.4 bp −$350 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 39 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IOTXUSDT | +0.0100% | 8h | 0.003771 | +0.053% | $2.2M | $5.3M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003777 | +0.212% | $404K | $566K | 25x | as long as short |
| Gate IOTX_USDTlong | +0.0100% | 8h | 0.003769 | long leg | $144K | $140K | 50x | |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003771 | +0.053% | $815K | $416K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003800 | +0.822% | $747K | $71K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003778 | +0.239% | $367K | $349K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003778 | +0.239% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003785 | +0.421% | $3K | $2K | — | as long as short |
| BloFin IOTX-USDTshort | +0.0106% | 8h | 0.003776 | +0.186% | $204K | $17K | 50x | |
| Aster IOTXUSDT | +0.0509% | 1h | 0.003774 | +0.128% | $11K | $15K | 5x | as long as short |
Binance IOTXUSDT
Bybit IOTXUSDT
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 | +2.8822% | 1h | 0.003732 | −0.976% | $25K | $8K | 10x | as long as short |
Kraken Futures PF_IOTXUSD