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: Binance against Bybit+0.085%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1121.122% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.085%, 7d avg +0.055%
Together, before fees−0.201%−$20 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: Binance is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047260.0100pay 0.0100% / 8h5h 49m$2.2M$1.3M75x
ShortBinance IOTAUSDT0.047300.0100get 0.0100% / 8h5h 49m$3.4M$5.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.085% → +0.055%
$2.99
Slippage, 4 orders
−$91.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$109.24
Costs to cover
1.122%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; Binance: live order book, 12 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 Bybit live order book, just now4.23 bp35.5 bp −$35410.1 bp −$4,101doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago3.15 bp21.9 bp −$2276.2 bp −$762doesn'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%1h0.04732+0.138%$887K$319K3xas long as short
Binance IOTAUSDTshort+0.0100%8h0.04730+0.085%$3.4M$5.5M75x
Bybit IOTAUSDTlong+0.0100%8h0.04726long leg$2.2M$1.3M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04727+0.021%$542K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04733+0.148%$820K$248K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04733+0.148%$578K$166K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04741+0.317%$1.8M$692K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04728+0.042%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04731+0.112%$51K$31Kas long as short
BloFin IOTA-USDT+0.0121%8h0.04735+0.190%$163K$42K75xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0802%8h0.04739+0.275%$2.7M$155K30xas long as short
Kraken Futures PF_IOTAUSD+0.1318%1h0.04756+0.643%$14K$29K10xas long as short