Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BloFin−0.104%95s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.904% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.104%, 7d avg +0.007%
=Funding pays, the price is against you. Bitget is 0.111% cheaper against BloFin than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.007%). If the spread goes back, that is −$11 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about 3 months. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04797 | 0.0074 | pay 0.0074% / 8h | 3h 23m | $168K | $43K | 75x |
| Short | Bitget IOTAUSDT | 0.04792 | 0.0100 | get 0.0100% / 8h | 3h 23m | $1.8M | $718K | 50x |
BloFin IOTA-USDT
Bitget IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $5.44
- Price spread: −0.104% → +0.007%
- −$11.1
- Slippage, 4 orders
- −$66.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$96.08
- Costs to cover
- 0.904%
- Break-even
- 130.6 days
Slippage from BloFin: live order book, 66 min ago; Bitget: live order book, 3 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 BloFin live order book, 66 min ago | 1.04 bp | 17.2 bp −$17 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.21 bp | 30.5 bp −$30 | 195.9 bp −$1,959 | 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-USDTlong | +0.0074% | 8h | 0.04797 | long leg | $168K | $43K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04789 | −0.163% | $899K | $334K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04786 | −0.229% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04786 | −0.229% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04785 | −0.250% | $558K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04787 | −0.208% | $827K | $255K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04787 | −0.208% | $588K | $171K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04792 | −0.104% | $1.8M | $718K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04787 | −0.208% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04789 | −0.175% | $38K | $20K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0173% | 1h | 0.04784 | −0.277% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.1032% | 8h | 0.04798 | +0.021% | $2.7M | $237K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM