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: Bybit against MEXC−0.021%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.878% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.021%, 7d avg −0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04778 | 0.0100 | pay 0.0100% / 8h | 51m 07s | $586K | $173K | 125x |
| Short | Bybit IOTAUSDT | 0.04777 | 0.0100 | get 0.0100% / 8h | 51m 07s | $2.2M | $1.5M | 75x |
MEXC IOTA_USDT
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.021% → −0.030%
- $0.86
- Slippage, 4 orders
- −$72.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$86.89
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 44 min ago; Bybit: live order book, 1 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, 44 min ago | 2.10 bp | 8.9 bp −$9 | 29.2 bp −$292 | 221.6 bp −$22.2K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.19 bp | 33.9 bp −$34 | 88.6 bp −$886 | 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 | −0.0885% | 1h | 0.04776 | −0.032% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0082% | 8h | 0.04774 | −0.084% | $165K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04782 | +0.088% | $897K | $328K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04778 | +0.009% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04777 | −0.021% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04774 | −0.084% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04779 | +0.021% | $823K | $255K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04778 | long leg | $586K | $173K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | +0.105% | $1.8M | $723K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04778 | 0.000% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04755 | −0.489% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0842% | 8h | 0.04780 | +0.042% | $2.7M | $228K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM