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

IO

all IO markets
SwapFunding view
Alert
My alerts

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−$177
spread now+0.216%7d average+0.046%fees + slippage, in and out−$194spread needed1.939%
Long on BybitShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOUSDT0.14840.0100pay 0.0050% / 4h55m 45s$1.1M$932K25x
ShortBingX IO-USDT0.14870.0100get 0.0050% / 4h55m 45s—$1.3M—

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
$21.57
Funding while held
$0
Slippage, 4 orders
−$172.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.35
Spread needed to break even
1.939%
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 12 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Bybit live order book, 1 min ago6.74 bp80.3 bp −$80474.4 bp −$4,744doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago6.71 bp19.3 bp −$1966.6 bp −$666460.7 bp −$46.1Kdoesn't fit

IO price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.1484cheapest
MEXC0.1484+0.013%Hyperliquid0.1484+0.047%KuCoin0.1485+0.081%Binance0.1485+0.092%Extended0.1486+0.139%Gate0.1486+0.175%Kraken Futures0.1487+0.198%Aster0.1487+0.212%
BingX0.1487+0.216%
Bitget0.1488+0.283%Variational Omni0.1489+0.353%BloFin0.1491+0.485%Injective0.1493+0.620%

IO on 14 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit IOUSDTlong0.000%+0.0100%4h$1.1M$932K25x
MEXC IO_USDT+0.013%+0.0100%4h$1.1M$235K125xas long as short
Hyperliquid IO+0.047%+0.0100%1h$989K$403K3xas long as short
KuCoin IOUSDTM+0.081%+0.0100%4h$415K$641K50xas long as short
Binance IOUSDT+0.092%+0.0100%4h$2.9M$6.4M50xas long as short
Extended IO-USD+0.139%+0.0104%1h$5K$171K5xas long as short
Gate IO_USDT+0.175%+0.0100%4h$218K$554K50xas long as short
Kraken Futures PF_IOUSD+0.198%−0.0640%1h$39K$20K10xas long as short
Aster IOUSDT+0.212%+0.0100%4h$6K$32K5xas long as short
BingX IO-USDTshort+0.216%+0.0100%4h—$1.3M—
Show all 14 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget IOUSDT+0.283%+0.0100%4h$1.3M$1.2M50xas long as short
Variational Omni IO+0.353%+0.0100%4h$30K$5K—as long as short
BloFin IO-USDT+0.485%+0.0122%4h$193K$32K50xas long as short
Injective IO/USDC PERP+0.620%−0.5000%1h$2K$1005.5xas long as short