Funding you earn now, next payment 08:00 UTC−0.0753%/8h= −82.5% APRnext payment −$7.53 per $10,000 · paid last 24h −0.151%
Price spread now: MEXC against KuCoin−0.146%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$363as in the Price arb table
costs, in and out, $10k−$3643.640% of the position
Funding, last 7 days−0.960%−$96 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.146%, 7d avg −0.152%
=The price spread sits at its 7-day average of −0.152%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04785 | 0.0853 | pay 0.0853% / 8h | 5h 49m | $2.7M | $241K | 30x |
| Short | MEXC IOTA_USDT | 0.04778 | 0.0100 | get 0.0100% / 8h | 5h 49m | $587K | $170K | 125x |
KuCoin IOTAUSDTM
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$158.13
- Price spread: −0.146% → −0.152%
- $0.53
- Slippage, 4 orders
- −$347.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$521.56
- Costs to cover
- 3.640%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 6 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, 3 min ago | 31.28 bp | 136.6 bp −$137 | 717.9 bp −$7,179 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.09 bp | 8.2 bp −$8 | 30.8 bp −$308 | 235.1 bp −$23.5K | doesn't fit |
IOTA 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0197% | 1h | 0.04777 | −0.165% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04779 | −0.130% | $897K | $400K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04777 | −0.167% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04773 | −0.251% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04773 | −0.251% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04772 | −0.272% | $837K | $251K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04778 | −0.146% | $587K | $170K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04777 | −0.167% | $1.7M | $707K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04778 | −0.146% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04783 | −0.051% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTMlong | +0.0853% | 8h | 0.04785 | long leg | $2.7M | $241K | 30x |