Funding you earn now, next payment 08:00 UTC+0.0851%/8h= +93.2% APRnext payment +$8.51 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against Binance+0.041%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$441as in the Price arb table
costs, in and out, $10k−$4314.313% of the position
Funding, last 7 days+0.959%+$96 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now +0.041%, 7d avg +0.140%
=Funding pays, the price is against you. KuCoin is 0.099% cheaper against Binance than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.140%). If the spread goes back, that is −$10 on $10k: about 9 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04800 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $3.4M | $5.9M | 75x |
| Short | KuCoin IOTAUSDTM | 0.04802 | 0.0951 | get 0.0951% / 8h | 1h 58m | $2.7M | $234K | 30x |
Binance IOTAUSDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $178.71
- Price spread: +0.041% → +0.140%
- −$9.9
- Slippage, 4 orders
- −$409.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$262.44
- Costs to cover
- 4.313%
- Break-even
- 17.3 days
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 9 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 Binance live order book, 10 min ago | 2.09 bp | 21.0 bp −$21 | 87.7 bp −$877 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 33.34 bp | 133.4 bp −$133 | doesn't fit | doesn't fit | 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 | −0.0514% | 1h | 0.04798 | −0.043% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0074% | 8h | 0.04797 | −0.063% | $165K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04799 | −0.020% | $901K | $330K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04800 | long leg | $3.4M | $5.9M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04799 | −0.022% | $2.3M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04794 | −0.126% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04800 | −0.001% | $827K | $257K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04800 | −0.001% | $583K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04805 | +0.103% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04800 | −0.001% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04798 | −0.051% | $50K | $31K | — | as long as short |
| KuCoin IOTAUSDTMshort | +0.0951% | 8h | 0.04802 | +0.041% | $2.7M | $234K | 30x |
Variational Omni IOTA