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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
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: OKX against MEXC−0.085%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.085%, 7d avg −0.049%
Together, before fees+0.177%+$18 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: OKX is 0.035% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.047200.0100pay 0.0100% / 8h2h 23m$569K$174K125x
ShortOKX IOTA-USDT-SWAP0.047160.0100get 0.0100% / 8h2h 23m$549K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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: −0.085% → −0.049%
−$3.53
Slippage, 4 orders
−$55.34
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$72.87
Costs to cover
0.693%
Break-even
never at this rate
Slippage from MEXC: live order book, 16 min ago; OKX: live order book, 3 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 MEXC live order book, 16 min ago2.12 bp5.8 bp −$626.2 bp −$262237.9 bp −$23.8Kdoesn't fit
Sell OKX live order book, 3 min ago4.25 bp31.9 bp −$32doesn't fitdoesn'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
BloFin IOTA-USDT+0.0083%8h0.04717−0.064%$165K$42K75xas long as short
Kraken Futures PF_IOTAUSD+0.0085%1h0.04718−0.039%$19K$13K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04720−0.004%$886K$330K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04721+0.021%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.047200.000%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04716−0.085%$549K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04717−0.064%$814K$260K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04720long leg$569K$174K125x
Bitget IOTAUSDT+0.0100%8h0.04727+0.148%$1.8M$724K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04723+0.064%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04707−0.271%$49K$31Kas long as short
KuCoin IOTAUSDTM+0.1024%8h0.04731+0.233%$2.7M$235K30xas long as short