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: Bitget against MEXC+0.266%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1411.415% 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)−0.098%−$10 · spread now +0.266%, 7d avg +0.030%
Together, before fees−0.098%−$10 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: Bitget is 0.236% dearer against MEXC than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTX_USDT0.0037650.0100pay 0.0100% / 8h4h 52m$814K$416K50x
ShortBitget IOTXUSDT0.0037750.0100get 0.0100% / 8h4h 52m$367K$349K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: +0.266% → +0.030%
$23.56
Slippage, 4 orders
−$125.49
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$117.94
Costs to cover
1.415%
Break-even
never at this rate
Slippage from MEXC: live order book, 63 min ago; Bitget: live order book, 63 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 MEXC live order book, 63 min ago2.68 bp17.7 bp −$1878.3 bp −$783280.9 bp −$28.1Kdoesn't fit
Sell Bitget live order book, 63 min ago12.04 bp53.0 bp −$53243.4 bp −$2,434doesn'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%8h0.003763−0.053%$2.2M$5.3M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.003771+0.159%$404K$568K25xas long as short
Gate IOTX_USDT+0.0100%8h0.003770+0.133%$144K$140K50xas long as short
MEXC IOTX_USDTlong+0.0100%8h0.003765long leg$814K$416K50x
KuCoin IOTXUSDTM+0.0100%8h0.003799+0.903%$747K$71K30xas long as short
Bitget IOTXUSDTshort+0.0100%8h0.003775+0.266%$367K$349K50x
BingX IOTX-USDT+0.0100%8h0.003771+0.159%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003785+0.528%$3K$2Kas long as short
BloFin IOTX-USDT+0.0106%8h0.003776+0.292%$204K$17K50xas long as short
Aster IOTXUSDT+0.0502%1h0.003774+0.241%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+2.8822%1h0.003732−0.871%$25K$8K10xas long as short