Funding you earn now, next payment 00:00 UTC−0.0513%/8h= −56.2% APRnext payment −$5.13 per $10,000 · paid last 24h −0.199%
Price spread now: Bitget against KuCoin0.000%7-day average −0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$426as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3373.368% of the position
Funding, last 7 days−0.896%−$90 on $10k
+Price spread, last 7 days−0.230%−$23 · spread now 0.000%, 7d avg −0.143%
=The price spread pays, funding is against you. Bitget is 0.143% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.143%): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04830 | 0.0613 | pay 0.0613% / 8h | 1h 32m | $2.7M | $222K | 30x |
| Short | Bitget IOTAUSDT | 0.04830 | 0.0100 | get 0.0100% / 8h | 1h 32m | $1.8M | $657K | 50x |
KuCoin IOTAUSDTM
Bitget IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$107.73
- Price spread: 0.000% → −0.143%
- $14.27
- Slippage, 4 orders
- −$312.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$430.25
- Costs to cover
- 3.368%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 23.78 bp | 115.0 bp −$115 | 1212.9 bp −$12.1K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 6.21 bp | 47.5 bp −$47 | 367.8 bp −$3,678 | 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 | −0.0797% | 1h | 0.04819 | −0.231% | $18K | $16K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0089% | 8h | 0.04826 | −0.083% | $168K | $36K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04819 | −0.226% | $831K | $238K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04818 | −0.244% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04817 | −0.269% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04813 | −0.352% | $566K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04822 | −0.166% | $886K | $175K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04820 | −0.207% | $601K | $185K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04830 | 0.000% | $1.8M | $657K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04819 | −0.228% | — | $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 | 0.04823 | −0.146% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTMlong | +0.0613% | 8h | 0.04830 | long leg | $2.7M | $222K | 30x |
Variational Omni IOTA