Funding you earn now, next payment 00:00 UTC+0.0507%/8h= +55.5% APRnext payment +$5.07 per $10,000 · paid last 24h +0.199%
Price spread now: KuCoin against Gate+0.270%7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$528as in the Price arb table
costs, in and out, $10k−$5355.348% of the position
Funding, last 7 days+0.807%+$81 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.270%, 7d avg +0.203%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.203%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04810 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $885K | $178K | 75x |
| Short | KuCoin IOTAUSDTM | 0.04823 | 0.0607 | get 0.0607% / 8h | 2h 20m | $2.7M | $223K | 30x |
Gate IOTA_USDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $106.47
- Price spread: +0.270% → +0.203%
- $6.75
- Slippage, 4 orders
- −$507.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$421.54
- Costs to cover
- 5.348%
- Break-even
- 34.7 days
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 2 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 Gate live order book, 2 min ago | 7.27 bp | 142.8 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 42.48 bp | 127.3 bp −$127 | 545.5 bp −$5,455 | 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 | −0.0666% | 1h | 0.04815 | +0.108% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0090% | 8h | 0.04812 | +0.042% | $168K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04817 | +0.139% | $830K | $243K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04813 | +0.062% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04811 | +0.021% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04811 | +0.021% | $565K | $1.3M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04810 | long leg | $885K | $178K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04813 | +0.062% | $588K | $188K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04817 | +0.146% | $1.7M | $599K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04815 | +0.104% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
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 | 0.04812 | +0.036% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTMshort | +0.0607% | 8h | 0.04823 | +0.270% | $2.7M | $223K | 30x |
Variational Omni IOTA