Funding you earn now, next payment 08:00 UTC−0.0943%/8h= −103.3% APRnext payment −$9.43 per $10,000 · paid last 24h −0.151%
Price spread now: Binance against KuCoin+0.132%7-day average −0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$535as in the Funding arb table
Net, price: spread back to 7d avg − costs−$412as in the Price arb table
costs, in and out, $10k−$4394.392% of the position
Funding, last 7 days−0.959%−$96 on $10k
+Price spread, last 7 days−0.447%−$45 · spread now +0.132%, 7d avg −0.142%
=The price spread pays, funding is against you. Binance is 0.274% dearer against KuCoin than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.142%): +$27 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.959% in total) that is about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04781 | 0.1043 | pay 0.1043% / 8h | 2h 52m | $2.7M | $235K | 30x |
| Short | Binance IOTAUSDT | 0.04787 | 0.0100 | get 0.0100% / 8h | 2h 52m | $3.5M | $5.9M | 75x |
KuCoin IOTAUSDTM
Binance IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$198.03
- Price spread: +0.132% → −0.142%
- $27.41
- Slippage, 4 orders
- −$417.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$609.81
- Costs to cover
- 4.392%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 1 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 KuCoin live order book, 10 min ago | 50.21 bp | 172.5 bp −$172 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.09 bp | 21.5 bp −$22 | 82.2 bp −$822 | 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 | +0.0084% | 1h | 0.04783 | +0.047% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04789 | +0.159% | $899K | $334K | 3x | as long as short |
| Binance IOTAUSDTshort | +0.0100% | 8h | 0.04787 | +0.132% | $3.5M | $5.9M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04782 | +0.021% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04786 | +0.105% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04776 | −0.105% | $824K | $257K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04786 | +0.105% | $587K | $168K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04780 | −0.021% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04780 | −0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04775 | −0.122% | $38K | $20K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0100% | 8h | 0.04778 | −0.063% | $168K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTMlong | +0.1043% | 8h | 0.04781 | long leg | $2.7M | $235K | 30x |
BloFin IOTA-USDT