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+0.0946%/8h= +103.6% APRnext payment +$9.46 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against Variational Omni+0.320%7-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 +$28 a day on $10k at the current rate, and KuCoin is 0.320% dearer against Variational Omni than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IOTA0.047870.0100pay 0.0100% / 8h3h 17m$38K$20K
ShortKuCoin IOTAUSDTM0.048020.1046get 0.1046% / 8h3h 17m$2.7M$237K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$198.66
Price spread: +0.320% → 0.000%
$32.04
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$218.7
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago41.72 bp233.4 bp −$233doesn't fitdoesn'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
BloFin IOTA-USDT+0.0099%8h0.04795+0.174%$169K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04796+0.201%$900K$335K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04799+0.258%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04794+0.153%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04794+0.153%$559K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04792+0.112%$828K$256K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04798+0.237%$587K$171K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04796+0.195%$1.8M$720K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04792+0.112%$2.3Mas long as short
Variational Omni IOTAlong+0.0100%8h0.04787long leg$38K$20K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0173%1h0.04790+0.060%$19K$13K10xas long as short
KuCoin IOTAUSDTMshort+0.1046%8h0.04802+0.320%$2.7M$237K30x