Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: Bitget against Gate+0.042%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3313.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.042%, 7d avg +0.074%
Together, before fees−0.074%−$7 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: Bitget is 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.048160.0100pay 0.0100% / 8h2h 21m$886K$178K75x
ShortBitget IOTAUSDT0.048180.0100get 0.0100% / 8h2h 21m$1.7M$598K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.042% → +0.074%
−$3.23
Slippage, 4 orders
−$304.07
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$334.31
Costs to cover
3.311%
Break-even
never at this rate
Slippage from Gate: live order book, 65 min ago; Bitget: live order book, just now.

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, 65 min ago6.25 bp182.0 bp −$182doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, just now4.15 bp37.5 bp −$37460.8 bp −$4,608doesn'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−0.0666%1h0.04819+0.066%$18K$16K10xas long as short
BloFin IOTA-USDT+0.0077%8h0.04811−0.104%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04815−0.021%$829K$242K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04818+0.035%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04814−0.042%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04815−0.021%$565K$1.3M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04816long leg$886K$178K75x
MEXC IOTA_USDT+0.0100%8h0.04820+0.083%$589K$188K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04818+0.042%$1.7M$598K50x
BingX IOTA-USDT+0.0100%8h0.04819+0.062%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04802−0.284%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0611%8h0.04825+0.187%$2.7M$223K30xas long as short