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: Bitget against MEXC+0.145%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.145%, 7d avg +0.031%
Together, before fees−0.165%−$16 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 0.114% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.048290.0100pay 0.0100% / 8h5h 30m$596K$172K125x
ShortBitget IOTAUSDT0.048360.0100get 0.0100% / 8h5h 30m$1.8M$715K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: +0.145% → +0.031%
$11.43
Slippage, 4 orders
−$84.83
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$89.39
Costs to cover
1.008%
Break-even
never at this rate
Slippage from MEXC: live order book, 24 min ago; Bitget: 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 MEXC live order book, 24 min ago2.09 bp8.4 bp −$821.5 bp −$215216.2 bp −$21.6Kdoesn't fit
Sell Bitget live order book, 1 min ago3.10 bp44.0 bp −$44382.0 bp −$3,820doesn'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−0.0194%1h0.04830+0.017%$18K$12K10xas long as short
BloFin IOTA-USDT+0.0074%8h0.04835+0.124%$171K$44K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04835+0.116%$907K$400K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04831+0.033%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04828−0.021%$2.3M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04832+0.062%$567K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04822−0.145%$837K$260K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04829long leg$596K$172K125x
Bitget IOTAUSDTshort+0.0100%8h0.04836+0.145%$1.8M$715K50x
BingX IOTA-USDT+0.0100%8h0.04826−0.062%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04829−0.010%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0860%8h0.04822−0.145%$2.8M$241K30xas long as short