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: MEXC against BingX−0.124%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.124%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.136% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04831 | 0.0100 | pay 0.0100% / 8h | 5h 30m | — | $2.3M | — |
| Short | MEXC IOTA_USDT | 0.04825 | 0.0100 | get 0.0100% / 8h | 5h 30m | $596K | $172K | 125x |
BingX IOTA-USDT
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.124% → +0.012%
- −$13.59
- Slippage, 4 orders
- −$47.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$74.75
- Costs to cover
- 0.612%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 25 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, 3 min ago | 5.19 bp | 21.4 bp −$21 | 49.2 bp −$492 | 369.2 bp −$36.9K | 440.3 bp −$220.2K |
| Sell MEXC live order book, 25 min ago | 2.09 bp | 8.2 bp −$8 | 30.8 bp −$308 | 235.1 bp −$23.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0194% | 1h | 0.04830 | −0.025% | $18K | $12K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0074% | 8h | 0.04835 | +0.083% | $171K | $44K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04828 | −0.064% | $905K | $400K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04826 | −0.103% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04829 | −0.041% | $2.3M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04826 | −0.103% | $566K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04824 | −0.145% | $838K | $260K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04825 | −0.124% | $596K | $172K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04833 | +0.041% | $1.8M | $715K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04831 | long leg | — | $2.3M | — |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04829 | −0.052% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0865% | 8h | 0.04822 | −0.186% | $2.8M | $241K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM