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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.126%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.126%, 7d avg +0.008%
Together, before fees−0.095%−$9 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: Bitget is 0.118% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOTAUSDT0.048070.0100pay 0.0100% / 8h7h 01m$3.4M$5.7M75x
ShortBitget IOTAUSDT0.048130.0100get 0.0100% / 8h7h 01m$1.8M$721K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: +0.126% → +0.008%
$11.75
Slippage, 4 orders
−$87.94
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$98.19
Costs to cover
1.099%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 5 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 Binance live order book, 6 min ago2.08 bp22.3 bp −$2276.9 bp −$769doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.22 bp33.0 bp −$33308.1 bp −$3,081doesn't fitdoesn't fit

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+0.0060%1h0.04810+0.054%$14K$28K10xas long as short
BloFin IOTA-USDT+0.0079%8h0.04812+0.105%$165K$44K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04806−0.026%$901K$323K3xas long as short
Binance IOTAUSDTlong+0.0100%8h0.04807long leg$3.4M$5.7M75x
Bybit IOTAUSDT+0.0100%8h0.04805−0.041%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04805−0.041%$556K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04808+0.022%$835K$255K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04806−0.020%$591K$174K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04813+0.126%$1.8M$721K50x
BingX IOTA-USDT+0.0100%8h0.04812+0.105%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04809+0.037%$52K$33Kas long as short
KuCoin IOTAUSDTM+0.0807%8h0.04808+0.022%$2.8M$151K30xas long as short