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: OKX against Binance+0.042%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.042%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.089% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04806 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $3.5M | $5.9M | 75x |
| Short | OKX IOTA-USDT-SWAP | 0.04808 | 0.0100 | get 0.0100% / 8h | 5h 28m | $564K | $1.4M | 20x |
Binance IOTAUSDT
OKX IOTA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.042% → −0.047%
- $8.9
- Slippage, 4 orders
- −$72.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$83.76
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 4 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, 10 min ago | 3.13 bp | 16.8 bp −$17 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.18 bp | 27.6 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0195% | 1h | 0.04811 | +0.110% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04808 | +0.046% | $902K | $400K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04806 | long leg | $3.5M | $5.9M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04806 | 0.000% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPshort | +0.0100% | 8h | 0.04808 | +0.042% | $564K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04808 | +0.042% | $835K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04806 | 0.000% | $593K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04813 | +0.146% | $1.8M | $713K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04806 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04829 | +0.468% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Bybit IOTAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0114% | 8h | 0.04821 | +0.312% | $170K | $44K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0862% | 8h | 0.04811 | +0.104% | $2.8M | $241K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM