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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: OKX against Bitget−0.246%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.246%, 7d avg −0.080%
Together, before fees+0.283%+$28 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: OKX is 0.166% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOTAUSDT0.048700.0100pay 0.0100% / 8h7h 27m$1.8M$706K50x
ShortOKX IOTA-USDT-SWAP0.048580.0100get 0.0100% / 8h7h 27m$569K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.246% → −0.080%
−$16.63
Slippage, 4 orders
−$97.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$136.62
Costs to cover
1.200%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago3.08 bp29.0 bp −$29210.2 bp −$2,102doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago3.09 bp26.0 bp −$26doesn't fitdoesn'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−0.0081%1h0.04859−0.224%$18K$14K10xas long as short
BloFin IOTA-USDT+0.0097%8h0.04849−0.431%$171K$43K75xas long as short
Binance IOTAUSDT+0.0100%8h0.04864−0.123%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04855−0.308%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04858−0.246%$569K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04856−0.287%$889K$174K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04862−0.164%$608K$178K125xas long as short
Bitget IOTAUSDTlong+0.0100%8h0.04870long leg$1.8M$706K50x
BingX IOTA-USDT+0.0100%8h0.04855−0.308%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04852−0.375%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0755%8h0.04859−0.226%$2.8M$235K30xas long as short
Hyperliquid IOTA+0.1730%1h0.048700.000%$990K$335K3xas long as short