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 BingX+0.021%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.021%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.045% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04746 | 0.0100 | pay 0.0100% / 8h | 19m 15s | — | $2.3M | — |
| Short | Bybit IOTAUSDT | 0.04747 | 0.0100 | get 0.0100% / 8h | 19m 15s | $2.2M | $1.5M | 75x |
BingX IOTA-USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.021% → −0.024%
- $4.52
- Slippage, 4 orders
- −$104.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$120.62
- Costs to cover
- 1.251%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 3 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 | 6.33 bp | 25.0 bp −$25 | 55.5 bp −$555 | 451.3 bp −$45.1K | 532.8 bp −$266.4K |
| Sell Bybit live order book, 3 min ago | 4.22 bp | 40.4 bp −$40 | 346.8 bp −$3,468 | 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 | −0.0888% | 1h | 0.04759 | +0.271% | $19K | $17K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04753 | +0.156% | $891K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04752 | +0.126% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04747 | +0.021% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04750 | +0.084% | $550K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04742 | −0.084% | $817K | $257K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04752 | +0.126% | $584K | $175K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04750 | +0.084% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04746 | long leg | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04737 | −0.197% | $51K | $33K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0101% | 8h | 0.04754 | +0.169% | $165K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0757% | 8h | 0.04755 | +0.190% | $2.7M | $224K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM