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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.269%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 7 days+0.286%+$29 · spread now −0.269%, 7d avg −0.027%
Together, before fees+0.375%+$38 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: BingX is 0.242% cheaper against Bitget than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.048260.0100pay 0.0100% / 8h1h 26m$1.8M$658K50x
ShortBingX IOTA-USDT0.048130.0100get 0.0100% / 8h1h 26m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: −0.269% → −0.027%
−$24.19
Slippage, 4 orders
−$95.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$141.88
Costs to cover
1.177%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 7 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 Bitget live order book, 1 min ago6.21 bp44.2 bp −$44261.2 bp −$2,612doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago5.19 bp19.2 bp −$1944.9 bp −$449374.0 bp −$37.4K494.9 bp −$247.5K

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−0.0798%1h0.04817−0.187%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0078%8h0.04818−0.166%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04817−0.193%$830K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04814−0.249%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04813−0.269%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04810−0.332%$563K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04811−0.311%$885K$175K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04814−0.249%$600K$188K125xas long as short
Bitget IOTAUSDTlong+0.0100%8h0.04826long leg$1.8M$658K50x
BingX IOTA-USDTshort+0.0100%8h0.04813−0.269%$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04814−0.251%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0634%8h0.04824−0.041%$2.7M$222K30xas long as short