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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04746 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $2.2M | $1.4M | 75x |
| Short | Binance IOTAUSDT | 0.04749 | 0.0100 | get 0.0100% / 8h | 4h 05m | $3.4M | $6.4M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 3.16 bp | 37.3 bp −$37 | 650.2 bp −$6,502 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.10 bp | 14.2 bp −$14 | 54.7 bp −$547 | 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 | −0.0360% | 1h | 0.04750 | +0.088% | $18K | $20K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0089% | 8h | 0.04747 | +0.021% | $172K | $35K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04749 | +0.067% | $821K | $296K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04749 | +0.063% | $3.4M | $6.4M | 75x | |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04746 | long leg | $2.2M | $1.4M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04744 | −0.042% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04747 | +0.021% | $875K | $190K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04748 | +0.042% | $590K | $188K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04749 | +0.063% | $1.7M | $655K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04747 | +0.021% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04746 | +0.010% | $22K | $21K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0419% | 8h | 0.04752 | +0.126% | $2.6M | $207K | 30x | as long as short |
Bybit IOTAUSDT
Binance IOTAUSDT
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM