data as of
Settings8H · net · $10k
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Price arb /

IO

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$103
spread now−0.067%7d average−0.026%fees + slippage, in and out−$99spread needed0.992%
Long on BitgetShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOUSDT0.14920.0100pay 0.0050% / 4h1h 08m$1.4M$1.2M50x
ShortBloFin IO-USDT0.14910.0121get 0.0060% / 4h1h 08m$194K$32K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$6.7
Funding while held
$0.62
Slippage, 4 orders
−$75.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$105.33
Spread needed to break even
0.992%
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 18 min ago.

Cost of waiting

funding view
Funding /8h
+0.0021%
Per $10,000 a day
+$0.62
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago6.72 bp36.0 bp −$36172.4 bp −$1,724doesn't fitdoesn't fit
Sell BloFin live order book, 18 min ago10.06 bp16.1 bp −$1654.8 bp −$548505.5 bp −$50.6Kdoesn't fit

IO price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.1486cheapestMEXC0.1490+0.266%Bybit0.1490+0.293%KuCoin0.1491+0.333%
BloFin0.1491+0.333%
Gate0.1492+0.380%Aster0.1492+0.386%Extended0.1492+0.396%Hyperliquid0.1492+0.400%
Bitget0.1492+0.400%
BingX0.1492+0.400%Binance0.1492+0.405%Kraken Futures0.1493+0.448%Injective0.1493+0.468%

IO on 14 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni IO−0.399%+0.0100%4h$30K$5K—as long as short
MEXC IO_USDT−0.134%+0.0100%4h$1.1M$240K125xas long as short
Bybit IOUSDT−0.107%+0.0100%4h$1.1M$933K25xas long as short
KuCoin IOUSDTM−0.067%+0.0100%4h$416K$640K50xas long as short
BloFin IO-USDTshort−0.067%+0.0121%4h$194K$32K50x
Gate IO_USDT−0.020%+0.0100%4h$218K$555K50xas long as short
Aster IOUSDT−0.014%+0.0100%4h$6K$32K5xas long as short
Extended IO-USD−0.005%+0.0104%1h$5K$171K5xas long as short
Hyperliquid IO0.000%+0.0100%1h$994K$403K3xas long as short
Bitget IOUSDTlong0.000%+0.0100%4h$1.4M$1.2M50x
Show all 14 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX IO-USDT0.000%+0.0100%4h—$1.3M—as long as short
Binance IOUSDT+0.005%+0.0100%4h$2.9M$6.4M50xas long as short
Kraken Futures PF_IOUSD+0.047%+0.0780%1h$41K$18K10xas long as short
Injective IO/USDC PERP+0.067%−0.0256%1h$2K$31K5.5xas long as short