Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.042%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2092.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.042%, 7d avg −0.083%
Together, before fees+0.074%+$7 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: Gate is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.047660.0100pay 0.0100% / 8h6h 19m$1.8M$706K50x
ShortGate IOTA_USDT0.047640.0100get 0.0100% / 8h6h 19m$825K$252K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.042% → −0.083%
$4.13
Slippage, 4 orders
−$181.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$204.4
Costs to cover
2.085%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 30 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, 1 min ago5.24 bp27.3 bp −$27293.2 bp −$2,932doesn't fitdoesn't fit
Sell Gate live order book, 30 min ago9.49 bp82.3 bp −$82194.5 bp −$1,945doesn't fitdoesn't fit

IOTA on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid IOTA+0.0100%1h0.04758−0.168%$892K$320K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04757−0.190%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04761−0.105%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04757−0.189%$540K$1.4M20xas long as short
Gate IOTA_USDTshort+0.0100%8h0.04764−0.042%$825K$252K75x
MEXC IOTA_USDT+0.0100%8h0.04755−0.231%$581K$172K125xas long as short
Bitget IOTAUSDTlong+0.0100%8h0.04766long leg$1.8M$706K50x
BingX IOTA-USDT+0.0100%8h0.04759−0.147%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04766−0.010%$51K$31Kas long as short
BloFin IOTA-USDT+0.0106%8h0.04761−0.105%$163K$42K75xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0774%8h0.04764−0.042%$2.7M$149K30xas long as short
Kraken Futures PF_IOTAUSD+0.1345%1h0.04758−0.165%$14K$28K10xas long as short