Funding you earn now, next payment 08:00 UTC+0.0890%/8h= +97.5% APRnext payment +$8.90 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against OKX+0.167%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$425as in the Price arb table
costs, in and out, $10k−$4234.231% of the position
Funding, last 7 days+0.901%+$90 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now +0.167%, 7d avg +0.190%
=Funding pays, the price is against you. KuCoin is 0.023% cheaper against OKX than usual: you would sell low and buy high (spread +0.167% now, against its 7-day average of +0.190%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.901% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04789 | 0.0100 | pay 0.0100% / 8h | 3h 39m | $558K | $1.3M | 20x |
| Short | KuCoin IOTAUSDTM | 0.04797 | 0.0990 | get 0.0990% / 8h | 3h 39m | $2.7M | $237K | 30x |
OKX IOTA-USDT-SWAP
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $186.9
- Price spread: +0.167% → +0.190%
- −$2.31
- Slippage, 4 orders
- −$401.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$238.48
- Costs to cover
- 4.231%
- Break-even
- 15.9 days
Slippage from OKX: live order book, 2 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 OKX live order book, 2 min ago | 4.18 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 38.58 bp | 182.8 bp −$183 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0100% | 1h | 0.04793 | +0.088% | $900K | $335K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04791 | +0.042% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04787 | −0.042% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04789 | long leg | $558K | $1.3M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04785 | −0.084% | $832K | $251K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04792 | +0.063% | $589K | $168K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04792 | +0.063% | $1.8M | $713K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04787 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04784 | −0.111% | $38K | $20K | — | as long as short |
| BloFin IOTA-USDT | +0.0124% | 8h | 0.04791 | +0.042% | $169K | $43K | 75x | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | +0.0173% | 1h | 0.04789 | +0.004% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTMshort | +0.0990% | 8h | 0.04797 | +0.167% | $2.7M | $237K | 30x |
Kraken Futures PF_IOTAUSD