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 Binance−0.104%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days+0.203%+$20 · spread now −0.104%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.056% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04789 | 0.0100 | pay 0.0100% / 8h | 3h 24m | $3.5M | $5.8M | 75x |
| Short | Bybit IOTAUSDT | 0.04784 | 0.0100 | get 0.0100% / 8h | 3h 24m | $2.2M | $1.5M | 75x |
Binance IOTAUSDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.104% → −0.049%
- −$5.58
- Slippage, 4 orders
- −$94.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$121.23
- Costs to cover
- 1.157%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 3.12 bp | 16.8 bp −$17 | 76.4 bp −$764 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.13 bp | 40.5 bp −$40 | 355.4 bp −$3,554 | doesn't fit | doesn't fit |
IOTA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0074% | 8h | 0.04797 | +0.167% | $168K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04789 | 0.000% | $899K | $334K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04789 | long leg | $3.5M | $5.8M | 75x | |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04784 | −0.104% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04786 | −0.063% | $558K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04787 | −0.042% | $827K | $255K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04788 | −0.021% | $588K | $170K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04794 | +0.104% | $1.8M | $718K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04786 | −0.063% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04789 | −0.008% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0173% | 1h | 0.04790 | +0.013% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.1025% | 8h | 0.04800 | +0.230% | $2.7M | $237K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM