Funding you earn now, next payment 08:00 UTC+0.0652%/8h= +71.4% APRnext payment +$6.52 per $10,000 · paid last 24h +0.152%
Price spread now: KuCoin against BloFin+0.206%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$559as in the Price arb table
costs, in and out, $10k−$5675.673% of the position
Funding, last 7 days+0.967%+$97 on $10k
+Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.206%, 7d avg +0.121%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.085% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04849 | 0.0097 | pay 0.0097% / 8h | 7h 29m | $171K | $43K | 75x |
| Short | KuCoin IOTAUSDTM | 0.04859 | 0.0749 | get 0.0749% / 8h | 7h 29m | $2.8M | $235K | 30x |
BloFin IOTA-USDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $136.99
- Price spread: +0.206% → +0.121%
- $8.52
- Slippage, 4 orders
- −$543.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$421.77
- Costs to cover
- 5.673%
- Break-even
- 28.6 days
Slippage from BloFin: live order book, 28 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 BloFin live order book, 28 min ago | 3.09 bp | 23.7 bp −$24 | 49.9 bp −$499 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 36.95 bp | 311.0 bp −$311 | 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 | −0.0081% | 1h | 0.04851 | +0.039% | $18K | $14K | 10x | as long as short |
| BloFin IOTA-USDTlong | +0.0097% | 8h | 0.04849 | long leg | $171K | $43K | 75x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04852 | +0.057% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04846 | −0.062% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04851 | +0.041% | $568K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04851 | +0.041% | $888K | $174K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04851 | +0.041% | $607K | $178K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04862 | +0.268% | $1.8M | $717K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04850 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04852 | +0.057% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTMshort | +0.0749% | 8h | 0.04859 | +0.206% | $2.8M | $235K | 30x | |
| Hyperliquid IOTA | +0.1765% | 1h | 0.04865 | +0.332% | $984K | $333K | 3x | as long as short |
Hyperliquid IOTA