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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.168%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.168%, 7d avg −0.001%
Together, before fees+0.195%+$19 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: OKX is 0.167% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.047620.0100pay 0.0100% / 8h35m 19s$821K$256K75x
ShortOKX IOTA-USDT-SWAP0.047540.0100get 0.0100% / 8h35m 19s$553K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.168% → −0.001%
−$16.72
Slippage, 4 orders
−$168.11
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$209.83
Costs to cover
1.931%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; OKX: 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 Gate live order book, 1 min ago7.36 bp71.7 bp −$72178.5 bp −$1,785doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago6.30 bp28.7 bp −$29doesn't fitdoesn'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−0.0889%1h0.04756−0.134%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04760−0.038%$893K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04758−0.084%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04754−0.168%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04754−0.168%$553K$1.4M20x
Gate IOTA_USDTlong+0.0100%8h0.04762long leg$821K$256K75x
MEXC IOTA_USDT+0.0100%8h0.04759−0.063%$584K$174K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04763+0.021%$1.8M$724K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04759−0.063%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04758−0.093%$51K$33Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0110%8h0.04759−0.063%$165K$43K75xas long as short
KuCoin IOTAUSDTM+0.0790%8h0.04771+0.189%$2.7M$228K30xas long as short