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: BingX against Gate+0.063%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1821.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.063%, 7d avg +0.036%
Together, before fees−0.109%−$11 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: BingX is 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.047510.0100pay 0.0100% / 8h7h 32m$820K$250K75x
ShortBingX IOTA-USDT0.047540.0100get 0.0100% / 8h7h 32m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.063% → +0.036%
$2.7
Slippage, 4 orders
−$156.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$178.89
Costs to cover
1.816%
Break-even
never at this rate
Slippage from Gate: live order book, 64 min ago; BingX: live order book, 16 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 Gate live order book, 64 min ago7.36 bp71.7 bp −$72178.5 bp −$1,785doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago5.24 bp21.7 bp −$2251.4 bp −$514412.0 bp −$41.2K520.0 bp −$260.0K

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+0.0061%1h0.04764+0.277%$14K$28K10xas long as short
BloFin IOTA-USDT+0.0083%8h0.04753+0.042%$164K$42K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04751−0.006%$890K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04748−0.063%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04748−0.063%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04745−0.126%$548K$1.4M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04751long leg$820K$250K75x
MEXC IOTA_USDT+0.0100%8h0.04748−0.063%$583K$171K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04755+0.084%$1.8M$722K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04754+0.063%$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04757+0.120%$51K$33Kas long as short
KuCoin IOTAUSDTM+0.0796%8h0.04759+0.168%$2.7M$187K30xas long as short