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Funding arb · Price arb /

IOTA

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0936%/8h= +102.5% APRnext payment +$9.36 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against MEXC+0.126%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$7027.023% of the position
Long on MEXCShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.960%+$96 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.126%, 7d avg +0.153%
Together, before fees+1.009%+$101 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.027% cheaper against MEXC than usual: you would sell low and buy high (spread +0.126% now, against its 7-day average of +0.153%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.960% in total) that is about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.047750.0100pay 0.0100% / 8h3h 04m$584K$172K125x
ShortKuCoin IOTAUSDTM0.047810.1036get 0.1036% / 8h3h 04m$2.7M$236K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$196.56
Price spread: +0.126% → +0.153%
−$2.72
Slippage, 4 orders
−$686.34
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$508.5
Costs to cover
7.023%
Break-even
25.1 days
Slippage from MEXC: live order book, 40 min ago; KuCoin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 40 min ago3.13 bp10.6 bp −$1121.1 bp −$211208.1 bp −$20.8Kdoesn't fit
Sell KuCoin live order book, 7 min ago31.26 bp212.7 bp −$213doesn't fitdoesn't fitdoesn't fit

IOTA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid IOTA+0.0100%1h0.04780+0.111%$897K$334K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04777+0.039%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04777+0.042%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04773−0.042%$556K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04776+0.021%$826K$258K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04775long leg$584K$172K125x
Bitget IOTAUSDT+0.0100%8h0.04783+0.168%$1.8M$717K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04776+0.021%—$2.3M—as long as short
Variational Omni IOTA+0.0100%8h0.04781+0.129%$38K$20K—as long as short
BloFin IOTA-USDT+0.0128%8h0.04787+0.251%$168K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSD+0.0173%1h0.04776+0.013%$19K$13K10xas long as short
KuCoin IOTAUSDTMshort+0.1036%8h0.04781+0.126%$2.7M$236K30x