Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.140%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3043.041% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.140%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.195% cheaper against Gate than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04823 | 0.0100 | pay 0.0100% / 8h | 1h 19m | $887K | $175K | 75x |
| Short | Binance IOTAUSDT | 0.04816 | 0.0100 | get 0.0100% / 8h | 1h 19m | $3.4M | $5.7M | 75x |
Gate IOTA_USDT
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.140% → +0.055%
- −$19.54
- Slippage, 4 orders
- −$279.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$323.64
- Costs to cover
- 3.041%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; Binance: live order book, 3 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 Gate live order book, 62 min ago | 7.27 bp | 142.8 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.04 bp | 16.2 bp −$16 | 55.7 bp −$557 | 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 | −0.0797% | 1h | 0.04820 | −0.062% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0071% | 8h | 0.04821 | −0.041% | $170K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04818 | −0.095% | $830K | $238K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04816 | −0.140% | $3.4M | $5.7M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04820 | −0.062% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04814 | −0.187% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04823 | long leg | $887K | $175K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04816 | −0.145% | $600K | $188K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04826 | +0.062% | $1.8M | $666K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04822 | −0.021% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04820 | −0.064% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0653% | 8h | 0.04832 | +0.187% | $2.7M | $231K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM