Funding you earn now, next payment 16:00 UTC−0.0671%/8h= −73.5% APRnext payment −$6.71 per $10,000 · paid last 24h −0.143%
Price spread now: BingX against KuCoin−0.063%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$636as in the Funding arb table
Net, price: spread back to 7d avg − costs−$533as in the Price arb table
costs, in and out, $10k−$5435.426% of the position
Funding, last 7 days−0.932%−$93 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now −0.063%, 7d avg −0.163%
=The price spread pays, funding is against you. BingX is 0.101% dearer against KuCoin than usual: you sell high and buy low (spread −0.063% now, against its 7-day average of −0.163%): +$10 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04772 | 0.0771 | pay 0.0771% / 8h | 7h 47m | $2.7M | $188K | 30x |
| Short | BingX IOTA-USDT | 0.04769 | 0.0100 | get 0.0100% / 8h | 7h 47m | — | $2.3M | — |
KuCoin IOTAUSDTM
BingX IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$140.91
- Price spread: −0.063% → −0.163%
- $10.05
- Slippage, 4 orders
- −$520.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$673.45
- Costs to cover
- 5.426%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; BingX: live order book, 16 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, 9 min ago | 48.13 bp | 238.8 bp −$239 | 2884.7 bp −$28.8K | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 5.25 bp | 22.9 bp −$23 | 58.3 bp −$583 | 406.6 bp −$40.7K | 498.2 bp −$249.1K |
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 | +0.0061% | 1h | 0.04774 | +0.042% | $16K | $20K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0076% | 8h | 0.04762 | −0.210% | $164K | $42K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04775 | +0.065% | $895K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04775 | +0.054% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04765 | −0.147% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04770 | −0.042% | $552K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04766 | −0.126% | $822K | $250K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04774 | +0.042% | $587K | $170K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | −0.021% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDTshort | +0.0100% | 8h | 0.04769 | −0.063% | — | $2.3M | — |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04761 | −0.226% | $51K | $33K | — | as long as short |
| KuCoin IOTAUSDTMlong | +0.0771% | 8h | 0.04772 | long leg | $2.7M | $188K | 30x |
Variational Omni IOTA