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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Variational Omni+0.080%71s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.080% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IOTA0.047840.0100pay 0.0100% / 8h1h 53m$50K$31K
ShortBloFin IOTA-USDT0.047880.0111get 0.0111% / 8h1h 53m$166K$43K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$2.34
Price spread: +0.080% → 0.000%
$8.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.64
Costs to cover
0.120%
Break-even
11.9 days
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BloFin live order book, 21 min ago2.10 bp29.1 bp −$2964.2 bp −$642doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0517%1h0.04775−0.202%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04778−0.127%$897K$329K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04774−0.202%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04776−0.171%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04772−0.254%$555K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04779−0.108%$824K$257K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04773−0.233%$571K$173K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04783−0.024%$1.8M$723K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04780−0.087%$2.3Mas long as short
Variational Omni IOTAlong+0.0100%8h0.04784long leg$50K$31K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDTshort+0.0111%8h0.04788+0.080%$166K$43K75x
KuCoin IOTAUSDTM+0.0944%8h0.04784−0.003%$2.7M$234K30xas long as short