Funding you earn now, next payment 08:00 UTC−0.0698%/8h= −76.4% APRnext payment −$6.98 per $10,000 · paid last 24h −0.151%
Price spread now: Bybit against KuCoin−0.188%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$583as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4974.965% of the position
Funding, last 7 days−0.867%−$87 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.188%, 7d avg −0.188%
=The price spread sits at its 7-day average of −0.188%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04785 | 0.0798 | pay 0.0798% / 8h | 39m 51s | $2.7M | $228K | 30x |
| Short | Bybit IOTAUSDT | 0.04776 | 0.0100 | get 0.0100% / 8h | 39m 51s | $2.2M | $1.5M | 75x |
KuCoin IOTAUSDTM
Bybit IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$146.58
- Price spread: −0.188% → −0.188%
- −$0.04
- Slippage, 4 orders
- −$473.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$643.15
- Costs to cover
- 4.965%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: 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 KuCoin live order book, 7 min ago | 38.53 bp | 219.4 bp −$219 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.22 bp | 36.3 bp −$36 | 90.0 bp −$900 | 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 | −0.0885% | 1h | 0.04776 | −0.186% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04777 | −0.171% | $896K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04777 | −0.167% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDTshort | +0.0100% | 8h | 0.04776 | −0.188% | $2.2M | $1.5M | 75x | |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04775 | −0.209% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04774 | −0.230% | $822K | $256K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04778 | −0.146% | $586K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | −0.042% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04783 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04791 | +0.116% | $50K | $32K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance 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 | +0.0122% | 8h | 0.04788 | +0.063% | $165K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTMlong | +0.0798% | 8h | 0.04785 | long leg | $2.7M | $228K | 30x |
BloFin IOTA-USDT