Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin+0.483%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,201as in the Price arb table
costs, in and out, $10k−$1,23312.330% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.670%−$67 · spread now +0.483%, 7d avg +0.158%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.324% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.158%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTX-USDT | 0.003730 | 0.0088 | pay 0.0088% / 8h | 7h 37m | $198K | $17K | 50x |
| Short | KuCoin IOTXUSDTM | 0.003748 | 0.0100 | get 0.0100% / 8h | 7h 37m | $737K | $81K | 30x |
BloFin IOTX-USDT
KuCoin IOTXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $2.45
- Price spread: +0.483% → +0.158%
- $32.42
- Slippage, 4 orders
- −$1,208.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,198.1
- Costs to cover
- 12.330%
- Break-even
- 3424.4 days
Slippage from BloFin: live order book, 27 min ago; KuCoin: live order book, 17 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 BloFin live order book, 27 min ago | 2.69 bp | 23.9 bp −$24 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 27.94 bp | 663.4 bp −$663 | doesn't fit | doesn't fit | doesn't fit |
IOTX on 11 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 IOTX-USDTlong | +0.0088% | 8h | 0.003730 | long leg | $198K | $17K | 50x | |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003725 | −0.122% | $2.1M | $5.1M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003726 | −0.107% | $376K | $484K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003722 | −0.214% | $142K | $156K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003725 | −0.134% | $813K | $438K | 50x | as long as short |
| KuCoin IOTXUSDTMshort | +0.0100% | 8h | 0.003748 | +0.483% | $737K | $81K | 30x | |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003726 | −0.107% | $356K | $327K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003727 | −0.080% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003719 | −0.297% | $3K | $2K | — | as long as short |
| Aster IOTXUSDT | +0.0184% | 1h | 0.003729 | −0.014% | $11K | $15K | 5x | as long as short |
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
Aster IOTXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +0.0301% | 1h | 0.003733 | +0.091% | $25K | $8K | 10x | as long as short |
Kraken Futures PF_IOTXUSD