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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0687%/8h= +75.2% APRnext payment +$6.87 per $10,000 · paid last 24h +0.143%
Price spread now: KuCoin against OKX+0.276%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3433.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.967%+$97 on $10k
Price spread, last 7 days+0.094%+$9 · spread now +0.276%, 7d avg +0.189%
Together, before fees+1.060%+$106 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.087% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.189%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.047020.0100pay 0.0100% / 8h4h 05m$534K$1.4M20x
ShortKuCoin IOTAUSDTM0.047150.0787get 0.0787% / 8h4h 05m$2.7M$145K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$144.27
Price spread: +0.276% → +0.189%
$8.72
Slippage, 4 orders
−$321.49
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$190.5
Costs to cover
3.435%
Break-even
16.2 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago1.06 bp18.4 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago22.25 bp159.5 bp −$159doesn't fitdoesn't fitdoesn't fit

IOTA on 12 exchanges

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+0.0081%8h0.04707+0.106%$161K$41K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04711+0.202%$881K$315K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04707+0.106%$3.4M$5.6M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04706+0.085%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04702long leg$534K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04708+0.128%$819K$249K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04707+0.106%$553K$168K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04711+0.191%$1.7M$706K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04706+0.085%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04702−0.007%$50K$32Kas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTMshort+0.0787%8h0.04715+0.276%$2.7M$145K30x
Kraken Futures PF_IOTAUSD+0.4598%1h0.04726+0.501%$13K$28K10xas long as short