Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.042%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.042%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.090% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04766 | 0.0100 | pay 0.0100% / 8h | 7h 59m | $551K | $1.4M | 20x |
| Short | MEXC IOTA_USDT | 0.04764 | 0.0100 | get 0.0100% / 8h | 7h 59m | $585K | $170K | 125x |
OKX IOTA-USDT-SWAP
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: −0.042% → +0.048%
- −$9.01
- Slippage, 4 orders
- −$56.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$79.07
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 31 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 OKX live order book, 2 min ago | 5.25 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 31 min ago | 3.15 bp | 7.9 bp −$8 | 29.0 bp −$290 | 236.2 bp −$23.6K | 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 | −0.0886% | 1h | 0.04770 | +0.087% | $19K | $17K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04765 | −0.023% | $894K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04764 | −0.042% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04761 | −0.105% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04766 | long leg | $551K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04760 | −0.126% | $820K | $249K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04764 | −0.042% | $585K | $170K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | +0.105% | $1.8M | $725K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04761 | −0.105% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04757 | −0.192% | $51K | $33K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0120% | 8h | 0.04760 | −0.126% | $164K | $42K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0757% | 8h | 0.04763 | −0.063% | $2.7M | $217K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM