Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.326%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$630as in the Funding arb table
Net, price: spread back to 7d avg − costs−$642as in the Price arb table
costs, in and out, $10k−$6306.301% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.436%+$44 · spread now −0.326%, 7d avg −0.205%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.121% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.205%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTXUSDTM | 0.003725 | 0.0100 | pay 0.0100% / 8h | 2h 18m | $731K | $59K | 30x |
| Short | Binance IOTXUSDT | 0.003713 | 0.0100 | get 0.0100% / 8h | 2h 18m | $2.1M | $5.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.326% → −0.205%
- −$12.09
- Slippage, 4 orders
- −$608.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$642.14
- Costs to cover
- 6.301%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; Binance: live order book, 5 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, 56 min ago | 31.71 bp | 272.7 bp −$273 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.73 bp | 32.8 bp −$33 | 130.2 bp −$1,302 | 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-USDT | +0.0079% | 8h | 0.003709 | −0.430% | $200K | $20K | 50x | as long as short |
| Aster IOTXUSDT | +0.0100% | 1h | 0.003716 | −0.242% | $11K | $16K | 5x | as long as short |
| Binance IOTXUSDTshort | +0.0100% | 8h | 0.003713 | −0.326% | $2.1M | $5.6M | 50x | |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003715 | −0.268% | $396K | $620K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003707 | −0.483% | $141K | $144K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003713 | −0.322% | $776K | $444K | 50x | as long as short |
| KuCoin IOTXUSDTMlong | +0.0100% | 8h | 0.003725 | long leg | $731K | $59K | 30x | |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003701 | −0.644% | $325K | $373K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003708 | −0.456% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003693 | −0.863% | $3K | $3K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | +0.0755% | 1h | 0.003705 | −0.542% | $32K | $18K | 10x | as long as short |
KuCoin IOTXUSDTM
Binance IOTXUSDT
BloFin IOTX-USDT
Aster IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
Kraken Futures PF_IOTXUSD