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: Bitget against Bybit+0.147%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1401.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 7 days−0.131%−$13 · spread now +0.147%, 7d avg +0.063%
Together, before fees−0.221%−$22 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: Bitget is 0.084% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047530.0100pay 0.0100% / 8h5h 53m$2.2M$1.3M75x
ShortBitget IOTAUSDT0.047600.0100get 0.0100% / 8h5h 53m$1.8M$694K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.147% → +0.063%
$8.44
Slippage, 4 orders
−$116.61
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$131.17
Costs to cover
1.396%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago4.21 bp36.8 bp −$37620.1 bp −$6,201doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.20 bp38.0 bp −$38182.7 bp −$1,827doesn'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
BloFin IOTA-USDT+0.0089%8h0.04751−0.042%$163K$42K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04750−0.059%$890K$319K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04758+0.111%$3.4M$5.5M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04753long leg$2.2M$1.3M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04747−0.126%$543K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04750−0.063%$823K$248K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04746−0.147%$580K$166K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04760+0.147%$1.8M$694K50x
BingX IOTA-USDT+0.0100%8h0.04755+0.042%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04747−0.120%$51K$31Kas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0803%8h0.04748−0.105%$2.7M$156K30xas long as short
Kraken Futures PF_IOTAUSD+0.1316%1h0.04765+0.252%$14K$29K10xas long as short