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: Bybit against Binance−0.042%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.042%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04750 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $3.4M | $5.7M | 75x |
| Short | Bybit IOTAUSDT | 0.04748 | 0.0100 | get 0.0100% / 8h | 6h 54m | $2.2M | $1.4M | 75x |
Binance IOTAUSDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.042% → −0.053%
- $1.1
- Slippage, 4 orders
- −$89.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.6
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 2.08 bp | 22.3 bp −$22 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.26 bp | 33.8 bp −$34 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
IOTA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0100% | 1h | 0.04757 | +0.154% | $892K | $323K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04750 | long leg | $3.4M | $5.7M | 75x | |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04748 | −0.042% | $2.2M | $1.4M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04748 | −0.042% | $553K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04744 | −0.126% | $824K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04752 | +0.042% | $572K | $169K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04751 | +0.021% | $1.8M | $718K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04746 | −0.084% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04790 | +0.833% | $51K | $31K | — | as long as short |
| BloFin IOTA-USDT | +0.0107% | 8h | 0.04761 | +0.232% | $164K | $43K | 75x | as long as short |
Hyperliquid IOTA
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0810% | 8h | 0.04758 | +0.169% | $2.7M | $151K | 30x | as long as short |
| Kraken Futures PF_IOTAUSD | +0.1338% | 1h | 0.04782 | +0.675% | $14K | $28K | 10x | as long as short |
KuCoin IOTAUSDTM
Kraken Futures PF_IOTAUSD