Funding you earn now, next payment 08:00 UTC+0.0872%/8h= +95.5% APRnext payment +$8.72 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against BingX+0.104%7-day average +0.169% · you sell dearer than you buy
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$3943.936% of the position
Funding, last 7 days+0.867%+$87 on $10k
+Price spread, last 7 days+0.202%+$20 · spread now +0.104%, 7d avg +0.169%
=Funding pays, the price is against you. KuCoin is 0.065% cheaper against BingX than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.169%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.867% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04810 | 0.0100 | pay 0.0100% / 8h | 3h 50m | — | $2.3M | — |
| Short | KuCoin IOTAUSDTM | 0.04815 | 0.0972 | get 0.0972% / 8h | 3h 50m | $2.8M | $238K | 30x |
BingX IOTA-USDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $183.12
- Price spread: +0.104% → +0.169%
- −$6.46
- Slippage, 4 orders
- −$371.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$216.97
- Costs to cover
- 3.936%
- Break-even
- 15.3 days
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 6 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 BingX live order book, 8 min ago | 6.25 bp | 19.4 bp −$19 | 48.5 bp −$485 | 395.7 bp −$39.6K | 488.2 bp −$244.1K |
| Sell KuCoin live order book, 6 min ago | 22.94 bp | 185.6 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0093% | 8h | 0.04812 | +0.042% | $169K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04811 | +0.023% | $903K | $338K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04811 | +0.021% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04808 | −0.042% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04811 | +0.021% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04805 | −0.104% | $831K | $239K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04811 | +0.021% | $593K | $167K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04814 | +0.083% | $1.8M | $718K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04810 | long leg | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04811 | +0.014% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0172% | 1h | 0.04810 | −0.008% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTMshort | +0.0972% | 8h | 0.04815 | +0.104% | $2.8M | $238K | 30x |
Kraken Futures PF_IOTAUSD