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: Bitget against Bybit+0.105%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 7 days−0.153%−$15 · spread now +0.105%, 7d avg +0.059%
Together, before fees−0.242%−$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: Bitget is 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047420.0100pay 0.0100% / 8h22m 11s$2.2M$1.5M75x
ShortBitget IOTAUSDT0.047470.0100get 0.0100% / 8h22m 11s$1.8M$724K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.105% → +0.059%
$4.65
Slippage, 4 orders
−$122.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$140.65
Costs to cover
1.453%
Break-even
never at this rate
Slippage from Bybit: live order book, 10 min ago; Bitget: live order book, 5 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, 10 min ago5.26 bp36.2 bp −$36619.7 bp −$6,197doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.31 bp34.8 bp −$35153.6 bp −$1,536doesn'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−0.0891%1h0.04743+0.029%$19K$17K10xas long as short
BloFin IOTA-USDT+0.0074%8h0.04737−0.105%$165K$42K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04744+0.046%$890K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04748+0.124%$3.4M$5.8M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04742long leg$2.2M$1.5M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04739−0.063%$550K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04738−0.084%$816K$257K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04749+0.148%$583K$175K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04747+0.105%$1.8M$724K50x
BingX IOTA-USDT+0.0100%8h0.04743+0.021%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04742−0.008%$51K$33Kas long as short
KuCoin IOTAUSDTM+0.0767%8h0.04754+0.253%$2.7M$225K30xas long as short