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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.063%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 7 days−0.144%−$14 · spread now +0.063%, 7d avg +0.042%
Together, before fees−0.236%−$24 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: Binance is 0.021% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047460.0100pay 0.0100% / 8h4h 05m$2.2M$1.4M75x
ShortBinance IOTAUSDT0.047490.0100get 0.0100% / 8h4h 05m$3.4M$6.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.063% → +0.042%
$2.1
Slippage, 4 orders
−$87.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$106.05
Costs to cover
1.081%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 8 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 Bybit live order book, 1 min ago3.16 bp37.3 bp −$37650.2 bp −$6,502doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.10 bp14.2 bp −$1454.7 bp −$547doesn'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−0.0360%1h0.04750+0.088%$18K$20K10xas long as short
BloFin IOTA-USDT+0.0089%8h0.04747+0.021%$172K$35K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04749+0.067%$821K$296K3xas long as short
Binance IOTAUSDTshort+0.0100%8h0.04749+0.063%$3.4M$6.4M75x
Bybit IOTAUSDTlong+0.0100%8h0.04746long leg$2.2M$1.4M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04744−0.042%$558K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04747+0.021%$875K$190K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04748+0.042%$590K$188K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04749+0.063%$1.7M$655K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04747+0.021%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04746+0.010%$22K$21Kas long as short
KuCoin IOTAUSDTM+0.0419%8h0.04752+0.126%$2.6M$207K30xas long as short