Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BloFin−0.146%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2162.158% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.146%, 7d avg −0.073%
=Funding pays, the price is against you. Gate is 0.074% cheaper against BloFin than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.073%). If the spread goes back, that is −$7 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.098% in total) that is about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04782 | 0.0078 | pay 0.0078% / 8h | 1h 50m | $167K | $43K | 75x |
| Short | Gate IOTA_USDT | 0.04775 | 0.0100 | get 0.0100% / 8h | 1h 50m | $823K | $257K | 75x |
BloFin IOTA-USDT
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $4.54
- Price spread: −0.146% → −0.073%
- −$7.37
- Slippage, 4 orders
- −$188.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.67
- Costs to cover
- 2.158%
- Break-even
- 344.0 days
Slippage from BloFin: live order book, 24 min ago; Gate: live order book, 56 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, 24 min ago | 2.10 bp | 11.6 bp −$12 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 7.34 bp | 110.2 bp −$110 | 162.9 bp −$1,629 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0517% | 1h | 0.04776 | −0.117% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDTlong | +0.0078% | 8h | 0.04782 | long leg | $167K | $43K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04784 | +0.046% | $898K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04783 | +0.025% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04779 | −0.063% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04779 | −0.063% | $557K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04775 | −0.146% | $823K | $257K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04783 | +0.021% | $572K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04791 | +0.188% | $1.8M | $723K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04779 | −0.063% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04775 | −0.142% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0929% | 8h | 0.04787 | +0.105% | $2.7M | $234K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM