Funding you earn now, next payment 08:00 UTC+0.0670%/8h= +73.3% APRnext payment +$6.70 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against BloFin+0.336%95s7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4704.699% of the position
Funding, last 7 days+0.965%+$97 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.336%, 7d avg +0.128%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.208% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.128%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOTA-USDT | 0.04759 | 0.0110 | pay 0.0110% / 8h | 33m 30s | $165K | $43K | 75x |
| Short | KuCoin IOTAUSDTM | 0.04775 | 0.0780 | get 0.0780% / 8h | 33m 30s | $2.7M | $228K | 30x |
BloFin IOTA-USDT
KuCoin IOTAUSDTMFunding 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
- $140.65
- Price spread: +0.336% → +0.128%
- $20.84
- Slippage, 4 orders
- −$445.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$308.4
- Costs to cover
- 4.699%
- Break-even
- 22.3 days
Slippage from BloFin: live order book, 36 min ago; KuCoin: live order book, 3 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, 36 min ago | 6.28 bp | 14.9 bp −$15 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 52.36 bp | 266.2 bp −$266 | 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 | −0.0887% | 1h | 0.04766 | +0.149% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04767 | +0.166% | $894K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04764 | +0.107% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04766 | +0.147% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04756 | −0.063% | $553K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04762 | +0.063% | $821K | $256K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04765 | +0.126% | $585K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | +0.252% | $1.8M | $725K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04763 | +0.084% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04758 | −0.030% | $51K | $33K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDTlong | +0.0110% | 8h | 0.04759 | long leg | $165K | $43K | 75x | |
| KuCoin IOTAUSDTMshort | +0.0780% | 8h | 0.04775 | +0.336% | $2.7M | $228K | 30x |