Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.125%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2112.111% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.125%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.088% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04806 | 0.0100 | pay 0.0100% / 8h | 3h 29m | — | $2.3M | — |
| Short | Gate IOTA_USDT | 0.04800 | 0.0100 | get 0.0100% / 8h | 3h 29m | $830K | $254K | 75x |
BingX IOTA-USDT
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.125% → −0.037%
- −$8.78
- Slippage, 4 orders
- −$186.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$219.84
- Costs to cover
- 2.111%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 22 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 BingX live order book, 4 min ago | 6.25 bp | 18.8 bp −$19 | 48.1 bp −$481 | 387.3 bp −$38.7K | 484.7 bp −$242.4K |
| Sell Gate live order book, 22 min ago | 6.24 bp | 102.6 bp −$103 | 151.4 bp −$1,514 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0095% | 8h | 0.04804 | −0.042% | $168K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04805 | −0.025% | $902K | $335K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04801 | −0.104% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04806 | 0.000% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04805 | −0.021% | $561K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04800 | −0.125% | $830K | $254K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04800 | −0.125% | $590K | $169K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04807 | +0.021% | $1.8M | $721K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04806 | long leg | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04811 | +0.107% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0172% | 1h | 0.04803 | −0.056% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.0995% | 8h | 0.04813 | +0.146% | $2.8M | $237K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM