Funding you earn now, next payment 16:00 UTC−0.0709%/8h= −77.6% APRnext payment −$7.09 per $10,000 · paid last 24h −0.139%
Price spread now: BloFin against KuCoin+0.042%80s7-day average −0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$498as 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−$3953.946% of the position
Funding, last 7 days−1.029%−$103 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.042%, 7d avg −0.128%
=The price spread pays, funding is against you. BloFin is 0.170% dearer against KuCoin than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.128%): +$17 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 80 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 | KuCoin IOTAUSDTM | 0.04736 | 0.0801 | pay 0.0801% / 8h | 5h 43m | $2.7M | $155K | 30x |
| Short | BloFin IOTA-USDT | 0.04738 | 0.0092 | get 0.0092% / 8h | 5h 43m | $164K | $42K | 75x |
KuCoin IOTAUSDTM
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$148.9
- Price spread: +0.042% → −0.128%
- $17
- Slippage, 4 orders
- −$370.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$526.53
- Costs to cover
- 3.946%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 60 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, 6 min ago | 45.32 bp | 117.8 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 4.21 bp | 19.8 bp −$20 | 52.6 bp −$526 | doesn't fit | doesn't fit |
IOTA on 12 exchanges
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 IOTA-USDTshort | +0.0092% | 8h | 0.04738 | +0.042% | $164K | $42K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04730 | −0.127% | $886K | $320K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04731 | −0.109% | $3.4M | $5.5M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04728 | −0.169% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04726 | −0.211% | $540K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04725 | −0.232% | $819K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04728 | −0.169% | $575K | $167K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04733 | −0.063% | $1.8M | $688K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04727 | −0.190% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04731 | −0.110% | $50K | $32K | — | as long as short |
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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTMlong | +0.0801% | 8h | 0.04736 | long leg | $2.7M | $155K | 30x | |
| Kraken Futures PF_IOTAUSD | +0.1322% | 1h | 0.04744 | +0.163% | $14K | $27K | 10x | as long as short |
Kraken Futures PF_IOTAUSD