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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0481%/8h= +52.7% APRnext payment +$4.81 per $10,000 · paid last 24h +0.199%
Price spread now: KuCoin against Variational Omni+0.604%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and KuCoin is 0.604% dearer against Variational Omni than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IOTA0.047920.0100pay 0.0100% / 8h3h 30m$34K$33K
ShortKuCoin IOTAUSDTM0.048210.0581get 0.0581% / 8h3h 30m$2.7M$225K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$101.01
Price spread: +0.604% → 0.000%
$60.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$149.38
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell KuCoin live order book, 2 min ago13.50 bp110.2 bp −$110638.3 bp −$6,383doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0626%1h0.04811+0.397%$18K$18K10xas long as short
BloFin IOTA-USDT+0.0097%8h0.04809+0.353%$171K$35K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04814+0.453%$832K$294K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04815+0.478%$3.4M$6.5M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04810+0.374%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04804+0.249%$562K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04810+0.374%$887K$189K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04812+0.416%$614K$188K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04815+0.478%$1.7M$627K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04811+0.395%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTAlong+0.0100%8h0.04792long leg$34K$33K
KuCoin IOTAUSDTMshort+0.0581%8h0.04821+0.604%$2.7M$225K30x