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: Binance against MEXC+0.021%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.021%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04842 | 0.0100 | pay 0.0100% / 8h | 41m 21s | $604K | $182K | 125x |
| Short | Binance IOTAUSDT | 0.04843 | 0.0100 | get 0.0100% / 8h | 41m 21s | $3.5M | $5.7M | 75x |
MEXC IOTA_USDT
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.021% → +0.005%
- $1.6
- Slippage, 4 orders
- −$40
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.41
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 29 min ago; Binance: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 29 min ago | 3.11 bp | 9.9 bp −$10 | 20.2 bp −$202 | 215.1 bp −$21.5K | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.06 bp | 18.4 bp −$18 | 60.1 bp −$601 | doesn't fit | doesn't fit |
IOTA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0809% | 1h | 0.04844 | +0.038% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04844 | +0.037% | $841K | $242K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04843 | +0.021% | $3.5M | $5.7M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04839 | −0.062% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04843 | +0.021% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04847 | +0.103% | $889K | $176K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04842 | long leg | $604K | $182K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04853 | +0.227% | $1.8M | $691K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04848 | +0.124% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04850 | +0.173% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0101% | 8h | 0.04846 | +0.083% | $169K | $37K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0654% | 8h | 0.04851 | +0.186% | $2.8M | $235K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM