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: Bybit against Gate+0.531%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,070as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,012as in the Price arb table
costs, in and out, $10k−$1,05710.569% 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)−0.497%−$50 · spread now +0.531%, 7d avg +0.078%
Together, before fees−0.630%−$63 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: Bybit is 0.453% dearer against Gate than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTX_USDT0.0037670.0100pay 0.0100% / 8h4h 56m$143K$139K50x
ShortBybit IOTXUSDT0.0037870.0100get 0.0100% / 8h4h 56m$407K$565K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.531% → +0.078%
$45.27
Slippage, 4 orders
−$1,030.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,011.59
Costs to cover
10.569%
Break-even
never at this rate
Slippage from Gate: live order book, 59 min ago; Bybit: 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 Gate live order book, 59 min ago9.38 bp350.4 bp −$350doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 59 min ago9.44 bp154.6 bp −$155doesn'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
Binance IOTXUSDT+0.0100%8h0.003779+0.319%$2.2M$5.3M50xas long as short
Bybit IOTXUSDTshort+0.0100%8h0.003787+0.531%$407K$565K25x
Gate IOTX_USDTlong+0.0100%8h0.003767long leg$143K$139K50x
MEXC IOTX_USDT+0.0100%8h0.003774+0.186%$816K$415K50xas long as short
KuCoin IOTXUSDTM+0.0100%8h0.003776+0.239%$742K$71K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003775+0.212%$367K$349K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003781+0.372%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003773+0.165%$3K$2Kas long as short
BloFin IOTX-USDT+0.0110%8h0.003758−0.239%$202K$17K50xas long as short
Aster IOTXUSDT+0.0447%1h0.003745−0.590%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+2.8686%1h0.003750−0.456%$25K$8K10xas long as short