Funding you earn now, next payment 08:00 UTC+0.0806%/8h= +88.3% APRnext payment +$8.06 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against Bitget+0.042%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$468as in the Funding arb table
Net, price: spread back to 7d avg − costs−$573as in the Price arb table
costs, in and out, $10k−$5645.638% of the position
Funding, last 7 days+0.957%+$96 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now +0.042%, 7d avg +0.130%
=Funding pays, the price is against you. KuCoin is 0.088% cheaper against Bitget than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.130%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04763 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $1.8M | $726K | 50x |
| Short | KuCoin IOTAUSDTM | 0.04765 | 0.0906 | get 0.0906% / 8h | 1h 33m | $2.7M | $232K | 30x |
Bitget IOTAUSDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $169.26
- Price spread: +0.042% → +0.130%
- −$8.77
- Slippage, 4 orders
- −$539.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$403.32
- Costs to cover
- 5.638%
- Break-even
- 23.7 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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 Bitget live order book, 3 min ago | 6.29 bp | 35.6 bp −$36 | 304.8 bp −$3,048 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 47.13 bp | 237.4 bp −$237 | 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 | −0.0520% | 1h | 0.04746 | −0.354% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0085% | 8h | 0.04757 | −0.126% | $165K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04756 | −0.145% | $892K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04754 | −0.179% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04755 | −0.168% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04755 | −0.168% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04757 | −0.126% | $819K | $258K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04754 | −0.189% | $569K | $175K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04763 | long leg | $1.8M | $726K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04755 | −0.168% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
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 | 0.04757 | −0.122% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTMshort | +0.0906% | 8h | 0.04765 | +0.042% | $2.7M | $232K | 30x |
Variational Omni IOTA