Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.028%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.028%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04800 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $599K | $183K | 125x |
| Short | Binance IOTAUSDT | 0.04801 | 0.0100 | get 0.0100% / 8h | 1h 46m | $3.4M | $5.7M | 75x |
MEXC IOTA_USDT
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.028% → +0.005%
- $2.33
- Slippage, 4 orders
- −$39.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; Binance: live order book, 6 min ago.
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 MEXC live order book, 28 min ago | 2.08 bp | 8.6 bp −$9 | 24.9 bp −$249 | 188.1 bp −$18.8K | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.13 bp | 14.5 bp −$15 | 54.7 bp −$547 | doesn't fit | doesn't fit |
IOTA on 12 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0800% | 1h | 0.04800 | −0.002% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04805 | +0.110% | $828K | $239K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04801 | +0.028% | $3.4M | $5.7M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04800 | 0.000% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04798 | −0.042% | $563K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04803 | +0.063% | $884K | $174K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04800 | long leg | $599K | $183K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04808 | +0.167% | $1.8M | $645K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04801 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04795 | −0.102% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0112% | 8h | 0.04799 | −0.021% | $169K | $36K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0580% | 8h | 0.04806 | +0.125% | $2.7M | $223K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM