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: Binance against OKX0.000%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now 0.000%, 7d avg +0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.056% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04853 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $567K | $1.4M | 20x |
| Short | Binance IOTAUSDT | 0.04853 | 0.0100 | get 0.0100% / 8h | 7h 50m | $3.5M | $5.9M | 75x |
OKX IOTA-USDT-SWAP
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: 0.000% → +0.056%
- −$5.62
- Slippage, 4 orders
- −$65.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.54
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 3 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 OKX live order book, 1 min ago | 6.19 bp | 27.9 bp −$28 | 4732.8 bp −$47.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.06 bp | 17.3 bp −$17 | 60.5 bp −$605 | 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 | −0.0081% | 1h | 0.04853 | −0.010% | $18K | $15K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0098% | 8h | 0.04858 | +0.103% | $170K | $37K | 75x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04853 | 0.000% | $3.5M | $5.9M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04854 | +0.021% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04853 | long leg | $567K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04855 | +0.041% | $889K | $174K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04851 | −0.041% | $607K | $177K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04864 | +0.227% | $1.8M | $719K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04853 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04849 | −0.077% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0719% | 8h | 0.04865 | +0.247% | $2.8M | $236K | 30x | as long as short |
| Hyperliquid IOTA | +0.1653% | 1h | 0.04869 | +0.334% | $948K | $319K | 3x | as long as short |
KuCoin IOTAUSDTM
Hyperliquid IOTA