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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04726 | 0.0100 | pay 0.0100% / 8h | 5h 49m | $2.2M | $1.3M | 75x |
| Short | Binance IOTAUSDT | 0.04730 | 0.0100 | get 0.0100% / 8h | 5h 49m | $3.4M | $5.5M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, just now | 4.23 bp | 35.5 bp −$35 | 410.1 bp −$4,101 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.15 bp | 21.9 bp −$22 | 76.2 bp −$762 | doesn't fit | doesn't fit |
IOTA on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0100% | 1h | 0.04732 | +0.138% | $887K | $319K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04730 | +0.085% | $3.4M | $5.5M | 75x | |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04726 | long leg | $2.2M | $1.3M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04727 | +0.021% | $542K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04733 | +0.148% | $820K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04733 | +0.148% | $578K | $166K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04741 | +0.317% | $1.8M | $692K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04728 | +0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04731 | +0.112% | $51K | $31K | — | as long as short |
| BloFin IOTA-USDT | +0.0121% | 8h | 0.04735 | +0.190% | $163K | $42K | 75x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0802% | 8h | 0.04739 | +0.275% | $2.7M | $155K | 30x | as long as short |
| Kraken Futures PF_IOTAUSD | +0.1318% | 1h | 0.04756 | +0.643% | $14K | $29K | 10x | as long as short |
Bybit IOTAUSDT
Binance IOTAUSDT
Hyperliquid IOTA
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM
Kraken Futures PF_IOTAUSD