Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BloFin+0.126%52s7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as 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−$1011.013% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.126%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.184% dearer against BloFin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.058%. The two prices were read 52 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 | 0.04773 | 0.0095 | pay 0.0095% / 8h | 4h 16m | $168K | $43K | 75x |
| Short | Bybit IOTAUSDT | 0.04779 | 0.0100 | get 0.0100% / 8h | 4h 16m | $2.2M | $1.5M | 75x |
BloFin IOTA-USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $1.1
- Price spread: +0.126% → −0.058%
- $18.35
- Slippage, 4 orders
- −$78.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.87
- Costs to cover
- 1.013%
- Break-even
- 528.9 days
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, just now.
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, 13 min ago | 1.04 bp | 17.2 bp −$17 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 4.18 bp | 36.4 bp −$36 | 390.6 bp −$3,906 | 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 | +0.0095% | 8h | 0.04773 | long leg | $168K | $43K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04785 | +0.251% | $897K | $362K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04785 | +0.251% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04779 | +0.126% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04779 | +0.126% | $555K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04778 | +0.105% | $828K | $261K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04785 | +0.251% | $586K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | +0.210% | $1.7M | $723K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04780 | +0.147% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04767 | −0.134% | $37K | $36K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
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 | +0.0170% | 1h | 0.04784 | +0.230% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTM | +0.0945% | 8h | 0.04784 | +0.230% | $2.7M | $240K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
KuCoin IOTAUSDTM