Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin−0.706%649s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as 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−$520.516% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.702%+$70 · spread now −0.706%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.677% cheaper against BloFin than usual: you would sell low and buy high, −$68 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 649 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 | 0.04817 | 0.0106 | pay 0.0106% / 8h | 6h 38m | $173K | $43K | 75x |
| Short | MEXC IOTA_USDT | 0.04783 | 0.0100 | get 0.0100% / 8h | 6h 38m | $588K | $176K | 125x |
BloFin IOTA-USDT
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.31
- Price spread: −0.706% → −0.029%
- −$67.69
- Slippage, 4 orders
- −$35.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$120.64
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; MEXC: live order book, 22 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, 14 min ago | 2.08 bp | 17.2 bp −$17 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 22 min ago | 3.11 bp | 8.7 bp −$9 | 26.2 bp −$262 | 237.7 bp −$23.8K | 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 | −0.0091% | 1h | 0.04782 | −0.730% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04788 | −0.600% | $972K | $331K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04781 | −0.743% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04781 | −0.747% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04774 | −0.893% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04781 | −0.747% | $874K | $176K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04783 | −0.706% | $588K | $176K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04786 | −0.644% | $1.7M | $732K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04781 | −0.747% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04785 | −0.669% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDTlong | +0.0106% | 8h | 0.04817 | long leg | $173K | $43K | 75x | |
| KuCoin IOTAUSDTM | +0.0863% | 8h | 0.04793 | −0.498% | $2.7M | $240K | 30x | as long as short |
KuCoin IOTAUSDTM