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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit−0.021%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1321.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.022%−$2 · spread now −0.021%, 7d avg +0.021%
Together, before fees−0.022%−$2 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: BingX is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.048550.0100pay 0.0100% / 8h7h 28m$2.2M$1.4M75x
ShortBingX IOTA-USDT0.048540.0100get 0.0100% / 8h7h 28m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.021% → +0.021%
−$4.12
Slippage, 4 orders
−$111.24
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$136.36
Costs to cover
1.322%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 6 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, 4 min ago6.18 bp43.1 bp −$4394.8 bp −$948doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago6.17 bp21.3 bp −$2149.6 bp −$496386.9 bp −$38.7K521.3 bp −$260.6K

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−0.0081%1h0.04859+0.084%$18K$14K10xas long as short
BloFin IOTA-USDT+0.0097%8h0.04849−0.124%$171K$43K75xas long as short
Binance IOTAUSDT+0.0100%8h0.04862+0.135%$3.5M$5.8M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04855long leg$2.2M$1.4M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04858+0.062%$569K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04856+0.021%$889K$174K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04861+0.124%$608K$178K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04870+0.309%$1.8M$706K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04854−0.021%$2.3M
Variational Omni IOTA+0.0100%8h0.04852−0.067%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0755%8h0.04859+0.082%$2.8M$235K30xas long as short
Hyperliquid IOTA+0.1745%1h0.04870+0.309%$990K$335K3xas long as short