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: OKX against Gate−0.042%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2012.011% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.042%, 7d avg 0.000%
Together, before fees+0.058%+$6 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: OKX is 0.042% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.047650.0100pay 0.0100% / 8h1h 00m$821K$258K75x
ShortOKX IOTA-USDT-SWAP0.047630.0100get 0.0100% / 8h1h 00m$553K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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% → 0.000%
−$4.24
Slippage, 4 orders
−$176.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$205.3
Costs to cover
2.011%
Break-even
never at this rate
Slippage from Gate: live order book, 42 min ago; OKX: live order book, 2 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, 42 min ago7.33 bp74.7 bp −$75166.9 bp −$1,669doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.15 bp22.9 bp −$23doesn't fitdoesn'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−0.0518%1h0.04765+0.008%$19K$13K10xas long as short
BloFin IOTA-USDT+0.0093%8h0.04762−0.063%$165K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04769+0.090%$894K$328K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04768+0.065%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04767+0.042%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04763−0.042%$553K$1.4M20x
Gate IOTA_USDTlong+0.0100%8h0.04765long leg$821K$258K75x
MEXC IOTA_USDT+0.0100%8h0.04768+0.063%$585K$179K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04772+0.147%$1.8M$721K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04767+0.042%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04761−0.091%$50K$32Kas long as short
KuCoin IOTAUSDTM+0.0876%8h0.04777+0.252%$2.7M$228K30xas long as short