Funding you earn now, next payment 16:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against BingX+0.042%66s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.042%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04729 | 0.0100 | pay 0.0100% / 8h | 5h 48m | — | $2.3M | — |
| Short | BloFin IOTA-USDT | 0.04731 | 0.0073 | get 0.0073% / 8h | 5h 48m | $163K | $42K | 75x |
BingX IOTA-USDT
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$5.7
- Price spread: +0.042% → +0.033%
- $0.92
- Slippage, 4 orders
- −$57.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$83.9
- Costs to cover
- 0.791%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 56 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 BingX live order book, 4 min ago | 5.28 bp | 20.9 bp −$21 | 50.1 bp −$501 | 422.7 bp −$42.3K | 533.3 bp −$266.6K |
| Sell BloFin live order book, 56 min ago | 4.21 bp | 19.8 bp −$20 | 52.6 bp −$526 | doesn't fit | doesn't fit |
IOTA on 12 exchanges
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-USDTshort | +0.0073% | 8h | 0.04731 | +0.042% | $163K | $42K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04735 | +0.121% | $887K | $320K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04730 | +0.022% | $3.4M | $5.5M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04727 | −0.042% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04727 | −0.042% | $541K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04729 | 0.000% | $819K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04729 | 0.000% | $577K | $167K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04734 | +0.106% | $1.8M | $692K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04729 | long leg | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04731 | +0.048% | $51K | $31K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0805% | 8h | 0.04738 | +0.190% | $2.7M | $155K | 30x | as long as short |
| Kraken Futures PF_IOTAUSD | +0.1318% | 1h | 0.04755 | +0.552% | $14K | $29K | 10x | as long as short |
KuCoin IOTAUSDTM
Kraken Futures PF_IOTAUSD