On my system, iostat only reports since re-boot. Not since last run of iostat. I use "sar -d" for current speeds. In the past, sar has agreed with /dev/mdstat.
run iostat 5 and it will report since last reboot on the first itteration, then from then on it only reports since the last itteration and will update every 5 seconds. Same as vmstat does.
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