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: KuCoin against OKX+0.254%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$470as in the Funding arb table
Net, price: spread back to 7d avg − costs−$554as in the Price arb table
costs, in and out, $10k−$5605.604% of the position
Funding, last 7 days+0.901%+$90 on $10k
+Price spread, last 7 days−0.117%−$12 · spread now +0.254%, 7d avg +0.189%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and KuCoin is 0.065% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.189%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04720 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $550K | $1.4M | 20x |
| Short | KuCoin IOTAUSDTM | 0.04732 | 0.1043 | get 0.1043% / 8h | 2h 31m | $2.7M | $235K | 30x |
OKX IOTA-USDT-SWAP
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: +0.254% → +0.189%
- $6.55
- Slippage, 4 orders
- −$538.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$355.85
- Costs to cover
- 5.604%
- Break-even
- 19.6 days
Slippage from OKX: live order book, 1 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 OKX live order book, 1 min ago | 5.30 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 52.44 bp | 291.9 bp −$292 | 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 | +0.0085% | 1h | 0.04720 | −0.001% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0094% | 8h | 0.04725 | +0.106% | $165K | $42K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04722 | +0.044% | $887K | $333K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04720 | +0.007% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04719 | −0.021% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04720 | long leg | $550K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04724 | +0.085% | $816K | $259K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04720 | 0.000% | $565K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04725 | +0.106% | $1.7M | $721K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04724 | +0.085% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC 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 | 0.04715 | −0.111% | $37K | $20K | — | as long as short |
| KuCoin IOTAUSDTMshort | +0.1043% | 8h | 0.04732 | +0.254% | $2.7M | $235K | 30x |
Variational Omni IOTA