Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.063%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2142.140% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.063%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.081% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04766 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $826K | $252K | 75x |
| Short | Bybit IOTAUSDT | 0.04763 | 0.0100 | get 0.0100% / 8h | 6h 19m | $2.2M | $1.4M | 75x |
Gate IOTA_USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.063% → +0.018%
- −$8.13
- Slippage, 4 orders
- −$188
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$222.12
- Costs to cover
- 2.140%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; Bybit: live order book, just now.
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, 30 min ago | 9.49 bp | 73.0 bp −$73 | 209.8 bp −$2,098 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 5.26 bp | 34.6 bp −$35 | 77.5 bp −$775 | doesn't fit | doesn't fit |
IOTA on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0078% | 8h | 0.04776 | +0.210% | $164K | $42K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04764 | −0.048% | $893K | $320K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04760 | −0.118% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04763 | −0.063% | $2.2M | $1.4M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04759 | −0.147% | $540K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04766 | long leg | $826K | $252K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04761 | −0.105% | $581K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04769 | +0.063% | $1.8M | $706K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04764 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04766 | −0.010% | $51K | $31K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0774% | 8h | 0.04769 | +0.063% | $2.7M | $149K | 30x | as long as short |
| Kraken Futures PF_IOTAUSD | +0.1343% | 1h | 0.04765 | −0.025% | $14K | $28K | 10x | as long as short |
KuCoin IOTAUSDTM
Kraken Futures PF_IOTAUSD