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: MEXC against Bitget−0.209%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$840.839% 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 4 days (all we have)+0.152%+$15 · spread now −0.209%, 7d avg −0.031%
Together, before fees+0.149%+$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: MEXC is 0.178% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.047830.0100pay 0.0100% / 8h1h 53m$1.8M$723K50x
ShortMEXC IOTA_USDT0.047730.0100get 0.0100% / 8h1h 53m$571K$173K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.209% → −0.031%
−$17.81
Slippage, 4 orders
−$67.87
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$101.67
Costs to cover
0.839%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 46 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, 3 min ago5.21 bp31.1 bp −$31270.5 bp −$2,705doesn't fitdoesn't fit
Sell MEXC live order book, 46 min ago2.12 bp9.2 bp −$930.8 bp −$308237.9 bp −$23.8Kdoesn'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−0.0517%1h0.04775−0.178%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04778−0.102%$897K$329K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04774−0.178%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04776−0.146%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04772−0.230%$555K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04779−0.084%$824K$257K75xas long as short
MEXC IOTA_USDTshort+0.0100%8h0.04773−0.209%$571K$173K125x
Bitget IOTAUSDTlong+0.0100%8h0.04783long leg$1.8M$723K50x
BingX IOTA-USDT+0.0100%8h0.04780−0.063%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04784+0.024%$50K$31Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0111%8h0.04788+0.105%$166K$43K75xas long as short
KuCoin IOTAUSDTM+0.0944%8h0.04784+0.021%$2.7M$234K30xas long as short