Funding you earn now, next payment 08:00 UTC+0.0950%/8h= +104.0% APRnext payment +$9.50 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against Binance+0.194%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4194.195% of the position
Funding, last 7 days+0.959%+$96 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now +0.194%, 7d avg +0.142%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.142%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOTAUSDT | 0.04794 | 0.0100 | pay 0.0100% / 8h | 3h 16m | $3.5M | $5.8M | 75x |
| Short | KuCoin IOTAUSDTM | 0.04803 | 0.1050 | get 0.1050% / 8h | 3h 16m | $2.7M | $237K | 30x |
Binance IOTAUSDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $199.5
- Price spread: +0.194% → +0.142%
- $5.17
- Slippage, 4 orders
- −$397.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$214.82
- Costs to cover
- 4.195%
- Break-even
- 14.5 days
Slippage from Binance: live order book, 7 min ago; KuCoin: 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 Binance live order book, 7 min ago | 1.04 bp | 18.8 bp −$19 | 72.2 bp −$722 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 41.72 bp | 233.4 bp −$233 | 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 | 0.04796 | +0.047% | $900K | $335K | 3x | as long as short |
| Binance IOTAUSDTlong | +0.0100% | 8h | 0.04794 | long leg | $3.5M | $5.8M | 75x | |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04790 | −0.078% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04791 | −0.057% | $559K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04788 | −0.119% | $827K | $256K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04792 | −0.036% | $586K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04796 | +0.047% | $1.8M | $720K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04791 | −0.057% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04787 | −0.147% | $38K | $20K | — | as long as short |
| BloFin IOTA-USDT | +0.0106% | 8h | 0.04800 | +0.131% | $169K | $43K | 75x | as long as short |
Hyperliquid IOTA
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
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 | +0.0172% | 1h | 0.04793 | −0.014% | $19K | $13K | 10x | as long as short |
| KuCoin IOTAUSDTMshort | +0.1050% | 8h | 0.04803 | +0.194% | $2.7M | $237K | 30x |
Kraken Futures PF_IOTAUSD