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: Gate against OKX+0.105%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2632.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.105%, 7d avg +0.002%
Together, before fees−0.131%−$13 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: Gate is 0.102% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.047830.0100pay 0.0100% / 8h6h 41m$559K$1.4M20x
ShortGate IOTA_USDT0.047880.0100get 0.0100% / 8h6h 41m$875K$175K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.105% → +0.002%
$10.22
Slippage, 4 orders
−$237.86
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$252.63
Costs to cover
2.629%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 26 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, 1 min ago7.31 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 26 min ago7.20 bp124.0 bp −$124doesn'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
Kraken Futures PF_IOTAUSD−0.0091%1h0.04790+0.144%$18K$12K10xas long as short
Hyperliquid IOTA+0.0100%1h0.04794+0.230%$974K$342K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04789+0.119%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04788+0.105%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04783long leg$559K$1.4M20x
Gate IOTA_USDTshort+0.0100%8h0.04788+0.105%$875K$175K75x
MEXC IOTA_USDT+0.0100%8h0.04789+0.125%$591K$175K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04793+0.209%$1.7M$730K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04785+0.042%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04785+0.037%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0106%8h0.04817+0.711%$173K$43K75xas long as short
KuCoin IOTAUSDTM+0.0856%8h0.04804+0.439%$2.7M$240K30xas long as short