Funding you earn now, next payment 08:00 UTC−0.0867%/8h= −94.9% APRnext payment −$8.67 per $10,000 · paid last 24h −0.151%
Price spread now: BloFin against KuCoin−0.167%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$473as in the Funding arb table
Net, price: spread back to 7d avg − costs−$381as in the Price arb table
costs, in and out, $10k−$3773.767% of the position
Funding, last 7 days−0.965%−$97 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.167%, 7d avg −0.126%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and BloFin is 0.041% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.126%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04777 | 0.0944 | pay 0.0944% / 8h | 4h 18m | $2.7M | $240K | 30x |
| Short | BloFin IOTA-USDT | 0.04769 | 0.0077 | get 0.0077% / 8h | 4h 18m | $169K | $43K | 75x |
KuCoin IOTAUSDTM
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$182.03
- Price spread: −0.167% → −0.126%
- −$4.11
- Slippage, 4 orders
- −$352.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$562.82
- Costs to cover
- 3.767%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 11 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, 3 min ago | 29.32 bp | 226.7 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 1.04 bp | 11.1 bp −$11 | 53.3 bp −$533 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDTshort | +0.0077% | 8h | 0.04769 | −0.167% | $169K | $43K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04771 | −0.121% | $895K | $362K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04770 | −0.139% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04766 | −0.230% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04762 | −0.314% | $553K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04768 | −0.188% | $826K | $261K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04769 | −0.167% | $584K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04770 | −0.147% | $1.7M | $720K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04768 | −0.188% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04767 | −0.217% | $37K | $36K | — | as long as short |
Hyperliquid IOTA
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0170% | 1h | 0.04774 | −0.056% | $18K | $12K | 10x | as long as short |
| KuCoin IOTAUSDTMlong | +0.0944% | 8h | 0.04777 | long leg | $2.7M | $240K | 30x |
Kraken Futures PF_IOTAUSD