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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Bitget against Hyperliquid+0.128%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)+0.065%+$7 · spread now +0.128%, 7d avg +0.146%
Together, before fees−0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid IOTA0.047650.0100pay 0.0013% / 1h59m 31s$894K$327K3x
ShortBitget IOTAUSDT0.047710.0100get 0.0100% / 8h7h 59m$1.8M$725K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.128% → +0.146%
−$1.8
Slippage, 4 orders
−$150.21
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$173.01
Costs to cover
1.712%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 61 min ago; Bitget: 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 Hyperliquid live order book, 61 min ago0.94 bp41.9 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago7.34 bp46.8 bp −$47227.3 bp −$2,273doesn'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−0.0886%1h0.04770+0.110%$19K$17K10xas long as short
Hyperliquid IOTAlong+0.0100%1h0.04765long leg$894K$327K3x
Binance IOTAUSDT+0.0100%8h0.04764−0.019%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04761−0.082%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04766+0.023%$551K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04760−0.103%$820K$249K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04764−0.019%$585K$170K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04771+0.128%$1.8M$725K50x
BingX IOTA-USDT+0.0100%8h0.04761−0.082%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04757−0.169%$51K$33Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0120%8h0.04760−0.103%$164K$42K75xas long as short
KuCoin IOTAUSDTM+0.0757%8h0.04763−0.040%$2.7M$217K30xas long as short