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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Variational Omni against Hyperliquid−0.176%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.176% cheaper against Hyperliquid than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid IOTA0.047540.0100pay 0.0013% / 1h46m 06s$892K$399K3x
ShortVariational Omni IOTA0.047460.0100get 0.0100% / 8h4h 46m$37K$36K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.176% → 0.000%
−$17.62
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$26.62
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 54 min ago; Variational Omni: no order-book sample. 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, 54 min ago2.19 bp42.9 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin IOTA-USDT+0.0086%8h0.04753−0.021%$169K$43K75xas long as short
Hyperliquid IOTAlong+0.0100%1h0.04754long leg$892K$399K3x
Binance IOTAUSDT+0.0100%8h0.04749−0.099%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04747−0.147%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04748−0.126%$555K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04745−0.189%$822K$260K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04748−0.126%$576K$170K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04748−0.126%$1.7M$708K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04751−0.063%$2.3Mas long as short
Variational Omni IOTAshort+0.0100%8h0.04746−0.176%$37K$36K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0171%1h0.04754+0.008%$18K$12K10xas long as short
KuCoin IOTAUSDTM+0.0922%8h0.04759+0.105%$2.7M$241K30xas long as short