Funding you earn now, next payment 08:00 UTC−0.0812%/8h= −88.9% APRnext payment −$8.12 per $10,000 · paid last 24h −0.151%
Price spread now: Gate against KuCoin−0.293%7-day average −0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,052as in the Funding arb table
Net, price: spread back to 7d avg − costs−$975as in the Price arb table
costs, in and out, $10k−$9669.657% of the position
Funding, last 7 days−0.867%−$87 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.293%, 7d avg −0.201%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Gate is 0.092% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.201%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04786 | 0.0912 | pay 0.0912% / 8h | 1h 41m | $2.7M | $233K | 30x |
| Short | Gate IOTA_USDT | 0.04772 | 0.0100 | get 0.0100% / 8h | 1h 41m | $822K | $258K | 75x |
KuCoin IOTAUSDTM
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$170.52
- Price spread: −0.293% → −0.201%
- −$9.15
- Slippage, 4 orders
- −$938.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,145.41
- Costs to cover
- 9.657%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 65 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, 5 min ago | 55.44 bp | 474.4 bp −$474 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 7.34 bp | 110.2 bp −$110 | 162.9 bp −$1,629 | 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 | −0.0517% | 1h | 0.04774 | −0.255% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04779 | −0.136% | $897K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04776 | −0.201% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04775 | −0.230% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04774 | −0.251% | $556K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04772 | −0.293% | $822K | $258K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04776 | −0.209% | $571K | $174K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04781 | −0.104% | $1.8M | $727K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04776 | −0.209% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04768 | −0.383% | $50K | $32K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
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-USDT | +0.0118% | 8h | 0.04772 | −0.293% | $166K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTMlong | +0.0912% | 8h | 0.04786 | long leg | $2.7M | $233K | 30x |
BloFin IOTA-USDT