Funding you earn now, next payment 08:00 UTC+0.0646%/8h= +70.7% APRnext payment +$6.46 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against MEXC+0.105%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5205.197% of the position
Funding, last 7 days+0.960%+$96 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.105%, 7d avg +0.154%
=Funding pays, the price is against you. KuCoin is 0.049% cheaper against MEXC than usual: you would sell low and buy high (spread +0.105% now, against its 7-day average of +0.154%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$19 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04755 | 0.0100 | pay 0.0100% / 8h | 16m 15s | $584K | $175K | 125x |
| Short | KuCoin IOTAUSDTM | 0.04760 | 0.0746 | get 0.0746% / 8h | 16m 15s | $2.7M | $223K | 30x |
MEXC IOTA_USDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $135.66
- Price spread: +0.105% → +0.154%
- −$4.91
- Slippage, 4 orders
- −$503.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$388.93
- Costs to cover
- 5.197%
- Break-even
- 27.1 days
Slippage from MEXC: live order book, 14 min ago; KuCoin: 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 MEXC live order book, 14 min ago | 3.15 bp | 9.5 bp −$9 | 26.7 bp −$267 | 227.6 bp −$22.8K | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 41.93 bp | 299.0 bp −$299 | doesn't fit | 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 | −0.0888% | 1h | 0.04757 | +0.051% | $19K | $17K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0097% | 8h | 0.04752 | −0.063% | $165K | $42K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04752 | −0.063% | $891K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04754 | −0.011% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04753 | −0.042% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04749 | −0.126% | $551K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04749 | −0.126% | $818K | $257K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04755 | long leg | $584K | $175K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04754 | −0.021% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04751 | −0.084% | — | $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
Bitget IOTAUSDT
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 | 0.04737 | −0.385% | $51K | $33K | — | as long as short |
| KuCoin IOTAUSDTMshort | +0.0746% | 8h | 0.04760 | +0.105% | $2.7M | $223K | 30x |
Variational Omni IOTA