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: Gate against Bybit+0.063%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2172.174% 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 4 days (all we have)−0.122%−$12 · spread now +0.063%, 7d avg −0.019%
Together, before fees−0.122%−$12 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: Gate is 0.082% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047660.0100pay 0.0100% / 8h1h 02m$2.2M$1.5M75x
ShortGate IOTA_USDT0.047690.0100get 0.0100% / 8h1h 02m$821K$258K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → −0.019%
$8.19
Slippage, 4 orders
−$191.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$209.22
Costs to cover
2.174%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 39 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 ago3.14 bp36.2 bp −$36116.1 bp −$1,161doesn't fitdoesn't fit
Sell Gate live order book, 39 min ago7.33 bp74.9 bp −$75161.2 bp −$1,612doesn'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−0.0518%1h0.04767+0.012%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04767+0.019%$894K$328K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04768+0.042%$3.4M$5.8M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04766long leg$2.2M$1.5M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04760−0.126%$553K$1.4M20xas long as short
Gate IOTA_USDTshort+0.0100%8h0.04769+0.063%$821K$258K75x
MEXC IOTA_USDT+0.0100%8h0.04769+0.063%$585K$179K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04772+0.126%$1.8M$721K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04768+0.042%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04772+0.119%$50K$32Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0127%8h0.04769+0.063%$165K$43K75xas long as short
KuCoin IOTAUSDTM+0.0865%8h0.04777+0.231%$2.7M$228K30xas long as short