Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA 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 Binance+0.084%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days−0.079%−$8 · spread now +0.084%, 7d avg +0.006%
Together, before fees−0.077%−$8 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 0.078% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOTAUSDT0.047700.0100pay 0.0100% / 8h1h 03m$3.4M$5.8M75x
ShortBitget IOTAUSDT0.047740.0100get 0.0100% / 8h1h 03m$1.8M$721K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: +0.084% → +0.006%
$7.77
Slippage, 4 orders
−$78.38
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$92.61
Costs to cover
1.004%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 4 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 Binance live order book, 5 min ago3.14 bp17.6 bp −$1877.7 bp −$777doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.22 bp35.4 bp −$35339.9 bp −$3,399doesn't fitdoesn't fit

IOTA on 12 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
Kraken Futures PF_IOTAUSD−0.0518%1h0.04767−0.072%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04770−0.002%$895K$328K3xas long as short
Binance IOTAUSDTlong+0.0100%8h0.04770long leg$3.4M$5.8M75x
Bybit IOTAUSDT+0.0100%8h0.047700.000%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04766−0.084%$553K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.047700.000%$821K$258K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04769−0.021%$585K$179K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04774+0.084%$1.8M$721K50x
BingX IOTA-USDT+0.0100%8h0.047700.000%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04772+0.035%$50K$32Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0127%8h0.04769−0.021%$165K$43K75xas long as short
KuCoin IOTAUSDTM+0.0865%8h0.04779+0.189%$2.7M$228K30xas long as short