Funding you earn now, next payment 00:00 UTC+0.0557%/8h= +61.0% APRnext payment +$5.57 per $10,000 · paid last 24h +0.199%
Price spread now: KuCoin against Bitget−0.165%7-day average +0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$565as in the Price arb table
costs, in and out, $10k−$5355.346% of the position
Funding, last 7 days+0.896%+$90 on $10k
+Price spread, last 7 days+0.464%+$46 · spread now −0.165%, 7d avg +0.142%
=Funding pays, the price is against you. KuCoin is 0.306% cheaper against Bitget than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of +0.142%). If the spread goes back, that is −$31 on $10k: about 44 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04862 | 0.0100 | pay 0.0100% / 8h | 45m 33s | $1.8M | $691K | 50x |
| Short | KuCoin IOTAUSDTM | 0.04854 | 0.0657 | get 0.0657% / 8h | 45m 33s | $2.8M | $235K | 30x |
Bitget IOTAUSDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $116.97
- Price spread: −0.165% → +0.142%
- −$30.64
- Slippage, 4 orders
- −$510.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$448.31
- Costs to cover
- 5.346%
- Break-even
- 33.8 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 1 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 Bitget live order book, 1 min ago | 6.17 bp | 31.8 bp −$32 | 173.6 bp −$1,736 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 37.04 bp | 255.7 bp −$256 | 741.7 bp −$7,417 | 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 | −0.0808% | 1h | 0.04851 | −0.225% | $18K | $16K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04851 | −0.220% | $842K | $242K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04851 | −0.232% | $3.5M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04849 | −0.267% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04849 | −0.267% | $568K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04854 | −0.165% | $890K | $176K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04851 | −0.226% | $605K | $181K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04862 | long leg | $1.8M | $691K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04849 | −0.267% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04846 | −0.321% | $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
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0125% | 8h | 0.04848 | −0.288% | $169K | $37K | 75x | as long as short |
| KuCoin IOTAUSDTMshort | +0.0657% | 8h | 0.04854 | −0.165% | $2.8M | $235K | 30x |
BloFin IOTA-USDT