Funding you earn now, next payment 08:00 UTC+0.0767%/8h= +84.0% APRnext payment +$7.67 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against BingX+0.104%7-day average +0.169% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$3813.813% of the position
Funding, last 7 days+0.867%+$87 on $10k
+Price spread, last 7 days+0.221%+$22 · spread now +0.104%, 7d avg +0.169%
=Funding pays, the price is against you. KuCoin is 0.065% cheaper against BingX than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.169%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$23 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04806 | 0.0100 | pay 0.0100% / 8h | 5h 27m | — | $2.3M | — |
| Short | KuCoin IOTAUSDTM | 0.04811 | 0.0867 | get 0.0867% / 8h | 5h 27m | $2.8M | $241K | 30x |
BingX IOTA-USDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $161.07
- Price spread: +0.104% → +0.169%
- −$6.51
- Slippage, 4 orders
- −$359.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$226.69
- Costs to cover
- 3.813%
- Break-even
- 16.9 days
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 10 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 BingX live order book, 6 min ago | 5.19 bp | 21.4 bp −$21 | 49.2 bp −$492 | 369.2 bp −$36.9K | 440.3 bp −$220.2K |
| Sell KuCoin live order book, 10 min ago | 26.07 bp | 180.6 bp −$181 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0195% | 1h | 0.04811 | +0.110% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04806 | −0.002% | $901K | $400K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04803 | −0.067% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04802 | −0.083% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04801 | −0.104% | $564K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04805 | −0.021% | $834K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04802 | −0.083% | $593K | $172K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04812 | +0.125% | $1.8M | $713K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04806 | long leg | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04829 | +0.468% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0114% | 8h | 0.04821 | +0.312% | $170K | $44K | 75x | as long as short |
| KuCoin IOTAUSDTMshort | +0.0867% | 8h | 0.04811 | +0.104% | $2.8M | $241K | 30x |
BloFin IOTA-USDT