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: OKX against Bybit−0.041%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1261.265% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.041%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTAUSDT | 0.04826 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $2.2M | $1.4M | 75x |
| Short | OKX IOTA-USDT-SWAP | 0.04824 | 0.0100 | get 0.0100% / 8h | 7h 00m | $563K | $1.4M | 20x |
Bybit IOTAUSDT
OKX IOTA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.041% → −0.023%
- −$1.89
- Slippage, 4 orders
- −$105.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$128.37
- Costs to cover
- 1.265%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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 | 5.17 bp | 35.1 bp −$35 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.14 bp | 29.0 bp −$29 | doesn't fit | 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 | −0.0082% | 1h | 0.04830 | +0.090% | $18K | $12K | 10x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04829 | +0.064% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTlong | +0.0100% | 8h | 0.04826 | long leg | $2.2M | $1.4M | 75x | |
| OKX IOTA-USDT-SWAPshort | +0.0100% | 8h | 0.04824 | −0.041% | $563K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04832 | +0.124% | $884K | $177K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04829 | +0.062% | $601K | $180K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04836 | +0.207% | $1.8M | $698K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04826 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04830 | +0.076% | $38K | $36K | — | as long as short |
| BloFin IOTA-USDT | +0.0117% | 8h | 0.04832 | +0.124% | $172K | $43K | 75x | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0734% | 1h | 0.04837 | +0.222% | $982K | $342K | 3x | as long as short |
| KuCoin IOTAUSDTM | +0.0838% | 8h | 0.04835 | +0.186% | $2.8M | $236K | 30x | as long as short |
Hyperliquid IOTA
KuCoin IOTAUSDTM