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: BingX against Gate+0.021%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1731.726% 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)+0.021%+$2 · spread now +0.021%, 7d avg +0.036%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.047760.0100pay 0.0100% / 8h5h 59m$839K$245K75x
ShortBingX IOTA-USDT0.047770.0100get 0.0100% / 8h5h 59m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.021% → +0.036%
−$1.5
Slippage, 4 orders
−$147.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$174.05
Costs to cover
1.726%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 4 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 Gate live order book, 2 min ago6.29 bp49.2 bp −$49179.9 bp −$1,799doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago6.27 bp22.9 bp −$2358.2 bp −$582403.4 bp −$40.3K521.5 bp −$260.7K

IOTA on 11 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−0.0092%1h0.04779+0.069%$18K$12K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04779+0.057%$903K$395K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04780+0.084%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.047760.000%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04779+0.063%$560K$1.4M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04776long leg$839K$245K75x
MEXC IOTA_USDT+0.0100%8h0.04778+0.042%$587K$170K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04782+0.126%$1.7M$723K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04777+0.021%$2.3M
Variational Omni IOTA+0.0100%8h0.04777+0.024%$38K$36Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0811%8h0.04789+0.272%$2.7M$242K30xas long as short