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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0361%/8hnext payment $3.61 per $10,000 · paid last 24h −0.199%
Price spread now: BingX against KuCoin−0.273%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3143.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.807%−$81 on $10k
Price spread, last 7 days+0.107%+$11 · spread now −0.273%, 7d avg −0.171%
Together, before fees−0.700%−$70 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and BingX is 0.102% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.171%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IOTAUSDTM0.047610.0461pay 0.0461% / 8h4h 23m$2.6M$200K30x
ShortBingX IOTA-USDT0.047480.0100get 0.0100% / 8h4h 23m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
−$75.81
Price spread: −0.273% → −0.171%
−$10.21
Slippage, 4 orders
−$291.6
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$399.61
Costs to cover
3.136%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; BingX: 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 KuCoin live order book, 7 min ago24.27 bp119.3 bp −$119323.7 bp −$3,237doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago5.28 bp20.1 bp −$2047.4 bp −$474353.1 bp −$35.3K476.2 bp −$238.1K

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−0.0360%1h0.04753−0.174%$18K$20K10xas long as short
BloFin IOTA-USDT+0.0092%8h0.04747−0.294%$174K$35K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04754−0.145%$822K$297K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04750−0.226%$3.4M$6.4M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04748−0.273%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04749−0.252%$558K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04749−0.252%$876K$190K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04750−0.231%$590K$187K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04751−0.210%$1.7M$655K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04748−0.273%$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04736−0.515%$22K$21Kas long as short
KuCoin IOTAUSDTMlong+0.0461%8h0.04761long leg$2.6M$200K30x