Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Gate+0.042%93s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1711.709% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.042%, 7d avg +0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.030% 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 +0.072%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04750 | 0.0100 | pay 0.0100% / 8h | 15m 32s | $818K | $257K | 75x |
| Short | BloFin IOTA-USDT | 0.04752 | 0.0097 | get 0.0097% / 8h | 15m 32s | $165K | $42K | 75x |
Gate IOTA_USDT
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$0.61
- Price spread: +0.042% → +0.072%
- −$3.04
- Slippage, 4 orders
- −$143.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$174.54
- Costs to cover
- 1.709%
- Break-even
- never at this rate
Slippage from Gate: live order book, 21 min ago; BloFin: live order book, 54 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, 21 min ago | 7.36 bp | 71.7 bp −$72 | 178.5 bp −$1,785 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 6.28 bp | 18.2 bp −$18 | 41.3 bp −$413 | 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 | −0.0888% | 1h | 0.04757 | +0.156% | $19K | $17K | 10x | as long as short |
| BloFin IOTA-USDTshort | +0.0097% | 8h | 0.04752 | +0.042% | $165K | $42K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04755 | +0.107% | $892K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04755 | +0.105% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04753 | +0.063% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04748 | −0.042% | $551K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04750 | long leg | $818K | $257K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04753 | +0.063% | $584K | $175K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04754 | +0.084% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04751 | +0.021% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
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 | 0.04750 | +0.006% | $51K | $33K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0741% | 8h | 0.04760 | +0.211% | $2.7M | $223K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM