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: Binance against Bitget−0.145%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1091.092% 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+0.150%+$15 · spread now −0.145%, 7d avg −0.005%
Together, before fees+0.147%+$15 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: Binance is 0.140% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.048120.0100pay 0.0100% / 8h6h 47m$1.8M$730K50x
ShortBinance IOTAUSDT0.048050.0100get 0.0100% / 8h6h 47m$3.5M$5.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.145% → −0.005%
−$14.03
Slippage, 4 orders
−$87.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$123.24
Costs to cover
1.092%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 6 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 Bitget live order book, 5 min ago6.24 bp37.2 bp −$37280.9 bp −$2,809doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.12 bp23.1 bp −$2370.4 bp −$704doesn'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−0.0091%1h0.04802−0.218%$18K$12K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04812+0.006%$977K$342K3xas long as short
Binance IOTAUSDTshort+0.0100%8h0.04805−0.145%$3.5M$5.9M75x
Bybit IOTAUSDT+0.0100%8h0.04802−0.208%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04804−0.166%$562K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04802−0.208%$878K$175K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04806−0.125%$595K$175K125xas long as short
Bitget IOTAUSDTlong+0.0100%8h0.04812long leg$1.8M$730K50x
BingX IOTA-USDT+0.0100%8h0.04805−0.145%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04796−0.327%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0106%8h0.04817+0.104%$173K$43K75xas long as short
KuCoin IOTAUSDTM+0.0817%8h0.04814+0.042%$2.8M$240K30xas long as short