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 KuCoin−0.162%7-day average −0.239% · you buy dearer than you sell
Net, funding: paid 7d − costs−$851as in the Funding arb table
Net, price: spread back to 7d avg − costs−$844as in the Price arb table
costs, in and out, $10k−$8518.514% 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)+0.229%+$23 · spread now −0.162%, 7d avg −0.239%
Together, before fees+0.229%+$23 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 0.077% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.239%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IOTXUSDTM0.0036930.0100pay 0.0100% / 8h2h 21m$725K$59K30x
ShortBybit IOTXUSDT0.0036870.0100get 0.0100% / 8h2h 21m$393K$621K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: −0.162% → −0.239%
$7.67
Slippage, 4 orders
−$828.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$843.73
Costs to cover
8.514%
Break-even
never at this rate
Slippage from KuCoin: live order book, 52 min ago; Bybit: live order book, 18 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 KuCoin live order book, 52 min ago31.71 bp272.7 bp −$273doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 18 min ago9.49 bp138.1 bp −$138doesn'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
Aster IOTXUSDT+0.0100%1h0.003670−0.617%$11K$16K5xas long as short
Binance IOTXUSDT+0.0100%8h0.003690−0.095%$2.1M$5.6M50xas long as short
Bybit IOTXUSDTshort+0.0100%8h0.003687−0.162%$393K$621K25x
Gate IOTX_USDT+0.0100%8h0.003676−0.460%$140K$144K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003686−0.190%$771K$444K50xas long as short
KuCoin IOTXUSDTMlong+0.0100%8h0.003693long leg$725K$59K30x
Bitget IOTXUSDT+0.0100%8h0.003684−0.244%$323K$374K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003687−0.162%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003663−0.815%$3K$3Kas long as short
BloFin IOTX-USDT+0.0124%8h0.003654−1.056%$199K$19K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+0.0763%1h0.003670−0.630%$32K$18K10xas long as short