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: Gate against KuCoin−0.335%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$934as in the Funding arb table
Net, price: spread back to 7d avg − costs−$861as in the Price arb table
costs, in and out, $10k−$8478.474% of the position
Funding, last 7 days−0.867%−$87 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.335%, 7d avg −0.202%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Gate is 0.133% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.202%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04780 | 0.1043 | pay 0.1043% / 8h | 3h 00m | $2.7M | $236K | 30x |
| Short | Gate IOTA_USDT | 0.04764 | 0.0100 | get 0.0100% / 8h | 3h 00m | $823K | $259K | 75x |
KuCoin IOTAUSDTM
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.335% → −0.202%
- −$13.27
- Slippage, 4 orders
- −$820.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,058.65
- Costs to cover
- 8.474%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Gate: live order book, 51 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, 11 min ago | 31.26 bp | 468.1 bp −$468 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 6.24 bp | 102.6 bp −$103 | 151.4 bp −$1,514 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0100% | 1h | 0.04770 | −0.209% | $895K | $334K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04768 | −0.251% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04764 | −0.335% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04766 | −0.293% | $557K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04764 | −0.335% | $823K | $259K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04767 | −0.272% | $584K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04769 | −0.230% | $1.8M | $719K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04764 | −0.335% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04764 | −0.342% | $38K | $20K | — | as long as short |
| BloFin IOTA-USDT | +0.0103% | 8h | 0.04769 | −0.230% | $168K | $43K | 75x | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0173% | 1h | 0.04765 | −0.316% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTMlong | +0.1043% | 8h | 0.04780 | long leg | $2.7M | $236K | 30x |
Kraken Futures PF_IOTAUSD