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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against OKX+0.167%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$860.858% 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)−0.190%−$19 · spread now +0.167%, 7d avg +0.036%
Together, before fees−0.155%−$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: BingX is 0.131% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.048040.0100pay 0.0100% / 8h3h 31m$562K$1.4M20x
ShortBingX IOTA-USDT0.048120.0100get 0.0100% / 8h3h 31m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.167% → +0.036%
$13.09
Slippage, 4 orders
−$65.84
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$72.75
Costs to cover
0.858%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 12 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 OKX live order book, 1 min ago5.20 bp28.5 bp −$297061.7 bp −$70.6Kdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago5.24 bp17.2 bp −$1744.6 bp −$446372.2 bp −$37.2K503.7 bp −$251.8K

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−0.0626%1h0.04809+0.103%$18K$18K10xas long as short
BloFin IOTA-USDT+0.0096%8h0.04797−0.146%$172K$35K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04813+0.192%$831K$294K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04813+0.187%$3.4M$6.5M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04810+0.125%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04804long leg$562K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04811+0.146%$887K$189K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04812+0.167%$614K$188K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04814+0.208%$1.7M$627K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04812+0.167%$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04792−0.248%$34K$33Kas long as short
KuCoin IOTAUSDTM+0.0581%8h0.04820+0.333%$2.7M$225K30xas long as short