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

IOTA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: BingX against Hyperliquid−0.084%7-day average +0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.084%, 7d avg +0.104%
Together, before fees+0.261%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 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: BingX is 0.188% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid IOTA0.047640.0100pay 0.0013% / 1h33m 12s$894K$330K3x
ShortBingX IOTA-USDT0.047600.0100get 0.0100% / 8h1h 33m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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: −0.084% → +0.104%
−$18.82
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$37.82
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 37 min ago; BingX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 37 min ago1.36 bp62.4 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago7.35 bp21.8 bp −$2254.8 bp −$548365.2 bp −$36.5K454.4 bp −$227.2K

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−0.0519%1h0.04759−0.105%$19K$13K10xas long as short
BloFin IOTA-USDT+0.0079%8h0.04755−0.189%$165K$43K75xas long as short
Hyperliquid IOTAlong+0.0100%1h0.04764long leg$894K$330K3x
Binance IOTAUSDT+0.0100%8h0.04763−0.022%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04760−0.084%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04760−0.084%$554K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04753−0.231%$818K$258K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04761−0.063%$570K$175K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04771+0.147%$1.8M$726K50xas long as short
BingX IOTA-USDTshort+0.0100%8h0.04760−0.084%$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04757−0.143%$50K$32Kas long as short
KuCoin IOTAUSDTM+0.0906%8h0.04769+0.105%$2.7M$232K30xas long as short