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: BloFin against Bybit−0.168%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.168%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.225% cheaper against Bybit than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04763 | 0.0100 | pay 0.0100% / 8h | 1h 27m | $2.2M | $1.5M | 75x |
| Short | BloFin IOTA-USDT | 0.04755 | 0.0100 | get 0.0100% / 8h | 1h 27m | $165K | $43K | 75x |
Bybit IOTAUSDT
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $0.08
- Price spread: −0.168% → +0.057%
- −$22.49
- Slippage, 4 orders
- −$77.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$122.81
- Costs to cover
- 1.004%
- Break-even
- 10242.5 days
Slippage from Bybit: live order book, 10 min ago; BloFin: live order book, 48 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, 10 min ago | 4.20 bp | 26.0 bp −$26 | 81.8 bp −$818 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 2.10 bp | 29.1 bp −$29 | 64.2 bp −$642 | 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 | −0.0518% | 1h | 0.04761 | −0.046% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04767 | +0.088% | $894K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04763 | +0.009% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04763 | long leg | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04762 | −0.021% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04758 | −0.105% | $819K | $258K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04763 | 0.000% | $570K | $175K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04770 | +0.147% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04763 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04759 | −0.080% | $50K | $32K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC 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-USDTshort | +0.0100% | 8h | 0.04755 | −0.168% | $165K | $43K | 75x | |
| KuCoin IOTAUSDTM | +0.0917% | 8h | 0.04771 | +0.168% | $2.7M | $232K | 30x | as long as short |
KuCoin IOTAUSDTM