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 MEXC+0.133%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3473.468% 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)−0.100%−$10 · spread now +0.133%, 7d avg −0.041%
Together, before fees−0.100%−$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: Bybit is 0.174% dearer against MEXC than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTX_USDT0.0037530.0100pay 0.0100% / 8h5h 42m$812K$438K50x
ShortBybit IOTXUSDT0.0037580.0100get 0.0100% / 8h5h 42m$411K$545K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.133% → −0.041%
$17.41
Slippage, 4 orders
−$331.77
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$329.36
Costs to cover
3.468%
Break-even
never at this rate
Slippage from MEXC: live order book, 13 min ago; Bybit: live order book, 12 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, 13 min ago2.68 bp17.7 bp −$1878.3 bp −$783280.9 bp −$28.1Kdoesn't fit
Sell Bybit live order book, 12 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%8h0.003750−0.080%$2.1M$5.2M50xas long as short
Bybit IOTXUSDTshort+0.0100%8h0.003758+0.133%$411K$545K25x
Gate IOTX_USDT+0.0100%8h0.003747−0.160%$142K$143K50xas long as short
MEXC IOTX_USDTlong+0.0100%8h0.003753long leg$812K$438K50x
KuCoin IOTXUSDTM+0.0100%8h0.003771+0.480%$741K$79K30xas long as short
Bitget IOTXUSDT+0.0100%8h0.003746−0.187%$355K$340K50xas long as short
BingX IOTX-USDT+0.0100%8h0.0037530.000%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003718−0.923%$3K$2Kas long as short
BloFin IOTX-USDT+0.0129%8h0.003752−0.027%$200K$17K50xas long as short
Aster IOTXUSDT+0.0368%1h0.003738−0.399%$11K$15K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTXUSD+1.1841%1h0.003741−0.307%$25K$8K10xas long as short