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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04812 | 0.0100 | pay 0.0100% / 8h | 6h 47m | $1.8M | $730K | 50x |
| Short | Binance IOTAUSDT | 0.04805 | 0.0100 | get 0.0100% / 8h | 6h 47m | $3.5M | $5.9M | 75x |
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 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: −0.145% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 6.24 bp | 37.2 bp −$37 | 280.9 bp −$2,809 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.12 bp | 23.1 bp −$23 | 70.4 bp −$704 | 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 | −0.0091% | 1h | 0.04802 | −0.218% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04812 | +0.006% | $977K | $342K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04805 | −0.145% | $3.5M | $5.9M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04802 | −0.208% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04804 | −0.166% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04802 | −0.208% | $878K | $175K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04806 | −0.125% | $595K | $175K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04812 | long leg | $1.8M | $730K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04805 | −0.145% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04796 | −0.327% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0106% | 8h | 0.04817 | +0.104% | $173K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0817% | 8h | 0.04814 | +0.042% | $2.8M | $240K | 30x | as long as short |
Bitget IOTAUSDT
Binance IOTAUSDT
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM