Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.146%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3433.426% 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 4 days (all we have)−0.088%−$9 · spread now +0.146%, 7d avg +0.074%
Together, before fees−0.178%−$18 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 0.072% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.048060.0100pay 0.0100% / 8h2h 14m$885K$178K75x
ShortBitget IOTAUSDT0.048130.0100get 0.0100% / 8h2h 14m$1.7M$604K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.146% → +0.074%
$7.18
Slippage, 4 orders
−$315.59
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$335.41
Costs to cover
3.426%
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; Bitget: live order book, 3 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, 8 min ago7.27 bp142.8 bp −$143doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.20 bp38.6 bp −$39345.9 bp −$3,459doesn't fitdoesn't fit

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−0.0666%1h0.04814+0.165%$18K$16K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04809+0.073%$828K$243K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04810+0.080%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04807+0.021%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.048060.000%$565K$1.3M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04806long leg$885K$178K75x
MEXC IOTA_USDT+0.0100%8h0.04807+0.021%$588K$190K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04813+0.146%$1.7M$604K50x
BingX IOTA-USDT+0.0100%8h0.04807+0.021%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04808+0.048%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0110%8h0.04809+0.062%$169K$36K75xas long as short
KuCoin IOTAUSDTM+0.0595%8h0.04813+0.146%$2.7M$223K30xas long as short