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: Binance against OKX+0.137%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$920.921% 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 7 days−0.169%−$17 · spread now +0.137%, 7d avg +0.048%
Together, before fees−0.227%−$23 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: Binance is 0.089% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.047920.0100pay 0.0100% / 8h3h 19m$559K$1.4M20x
ShortBinance IOTAUSDT0.047990.0100get 0.0100% / 8h3h 19m$3.5M$5.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.137% → +0.048%
$8.91
Slippage, 4 orders
−$72.14
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$83.22
Costs to cover
0.921%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 4 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 OKX live order book, 2 min ago4.18 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.04 bp19.9 bp −$2078.1 bp −$781doesn'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
Hyperliquid IOTA+0.0100%1h0.04801+0.179%$901K$334K3xas long as short
Binance IOTAUSDTshort+0.0100%8h0.04799+0.137%$3.5M$5.8M75x
Bybit IOTAUSDT+0.0100%8h0.04793+0.021%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04792long leg$559K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04794+0.042%$828K$256K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04799+0.146%$587K$171K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04802+0.209%$1.8M$719K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04794+0.042%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04787−0.111%$38K$20Kas long as short
BloFin IOTA-USDT+0.0103%8h0.04790−0.042%$168K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0172%1h0.04806+0.287%$19K$13K10xas long as short
KuCoin IOTAUSDTM+0.1038%8h0.04810+0.376%$2.8M$237K30xas long as short