Funding you earn now, next payment 08:00 UTC+0.0808%/8h= +88.5% APRnext payment +$8.08 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against Gate+0.230%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$659as in the Funding arb table
Net, price: spread back to 7d avg − costs−$743as in the Price arb table
costs, in and out, $10k−$7467.462% of the position
Funding, last 7 days+0.867%+$87 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.230%, 7d avg +0.201%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and KuCoin is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.201%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04780 | 0.0100 | pay 0.0100% / 8h | 1h 18m | $823K | $258K | 75x |
| Short | KuCoin IOTAUSDTM | 0.04791 | 0.0908 | get 0.0908% / 8h | 1h 18m | $2.7M | $230K | 30x |
Gate IOTA_USDT
KuCoin IOTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $169.68
- Price spread: +0.230% → +0.201%
- $2.91
- Slippage, 4 orders
- −$719.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$573.58
- Costs to cover
- 7.462%
- Break-even
- 30.7 days
Slippage from Gate: live order book, 23 min ago; KuCoin: live order book, 8 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 Gate live order book, 23 min ago | 7.33 bp | 74.7 bp −$75 | 166.9 bp −$1,669 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 33.47 bp | 255.2 bp −$255 | 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 | −0.0516% | 1h | 0.04782 | +0.037% | $19K | $13K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0087% | 8h | 0.04786 | +0.126% | $165K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04784 | +0.088% | $897K | $328K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04782 | +0.043% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04783 | +0.063% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04779 | −0.021% | $555K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04780 | long leg | $823K | $258K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04782 | +0.042% | $581K | $176K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04791 | +0.230% | $1.8M | $725K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04783 | +0.063% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04778 | −0.049% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTMshort | +0.0908% | 8h | 0.04791 | +0.230% | $2.7M | $230K | 30x |
Variational Omni IOTA