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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.270%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1301.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.270%, 7d avg −0.076%
Together, before fees+0.295%+$29 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: OKX is 0.194% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.048070.0100pay 0.0100% / 8h1h 49m$1.8M$640K50x
ShortOKX IOTA-USDT-SWAP0.047940.0100get 0.0100% / 8h1h 49m$563K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.270% → −0.076%
−$19.4
Slippage, 4 orders
−$107.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$148.9
Costs to cover
1.295%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago5.20 bp37.3 bp −$37278.1 bp −$2,781doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.13 bp29.2 bp −$29doesn't fitdoesn'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−0.0801%1h0.04798−0.197%$18K$16K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04801−0.116%$827K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04793−0.285%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04794−0.270%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04794−0.270%$563K$1.3M20x
Gate IOTA_USDT+0.0100%8h0.04799−0.166%$883K$174K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04792−0.312%$598K$183K125xas long as short
Bitget IOTAUSDTlong+0.0100%8h0.04807long leg$1.8M$640K50x
BingX IOTA-USDT+0.0100%8h0.04795−0.250%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04795−0.248%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0128%8h0.04794−0.270%$169K$36K75xas long as short
KuCoin IOTAUSDTM+0.0587%8h0.04801−0.125%$2.7M$223K30xas long as short