Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin−0.124%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.124%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04832 | 0.0117 | pay 0.0117% / 8h | 7h 00m | $172K | $43K | 75x |
| Short | BingX IOTA-USDT | 0.04826 | 0.0100 | get 0.0100% / 8h | 7h 00m | — | $2.3M | — |
BloFin IOTA-USDT
BingX IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$3.56
- Price spread: −0.124% → −0.042%
- −$8.21
- Slippage, 4 orders
- −$61.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.48
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 min ago; BingX: live order book, 2 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 BloFin live order book, 56 min ago | 3.09 bp | 23.7 bp −$24 | 49.9 bp −$499 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.19 bp | 23.1 bp −$23 | 50.0 bp −$500 | 352.8 bp −$35.3K | 452.9 bp −$226.4K |
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 | −0.0082% | 1h | 0.04830 | −0.034% | $18K | $12K | 10x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04829 | −0.062% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04828 | −0.083% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04824 | −0.166% | $563K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04832 | 0.000% | $884K | $177K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04830 | −0.041% | $601K | $180K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04836 | +0.083% | $1.8M | $698K | 50x | as long as short |
| BingX IOTA-USDTshort | +0.0100% | 8h | 0.04826 | −0.124% | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04830 | −0.049% | $38K | $36K | — | as long as short |
| BloFin IOTA-USDTlong | +0.0117% | 8h | 0.04832 | long leg | $172K | $43K | 75x |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0741% | 1h | 0.04837 | +0.099% | $982K | $342K | 3x | as long as short |
| KuCoin IOTAUSDTM | +0.0838% | 8h | 0.04836 | +0.083% | $2.8M | $236K | 30x | as long as short |
Hyperliquid IOTA
KuCoin IOTAUSDTM