Funding you earn now, next payment 08:00 UTC−0.0765%/8h= −83.8% APRnext payment −$7.65 per $10,000 · paid last 24h −0.151%
Price spread now: BingX against KuCoin+0.021%7-day average −0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3213.207% of the position
Funding, last 7 days−0.867%−$87 on $10k
+Price spread, last 7 days−0.152%−$15 · spread now +0.021%, 7d avg −0.163%
=The price spread pays, funding is against you. BingX is 0.184% dearer against KuCoin than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.163%): +$18 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04766 | 0.0865 | pay 0.0865% / 8h | 56m 49s | $2.7M | $228K | 30x |
| Short | BingX IOTA-USDT | 0.04767 | 0.0100 | get 0.0100% / 8h | 56m 49s | — | $2.3M | — |
KuCoin IOTAUSDTM
BingX IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$160.65
- Price spread: +0.021% → −0.163%
- $18.38
- Slippage, 4 orders
- −$298.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$462.94
- Costs to cover
- 3.207%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 7 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 KuCoin live order book, 10 min ago | 26.14 bp | 132.5 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.29 bp | 22.1 bp −$22 | 51.3 bp −$513 | 391.2 bp −$39.1K | 469.9 bp −$235.0K |
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 | −0.0887% | 1h | 0.04765 | −0.014% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04768 | +0.044% | $894K | $328K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04769 | +0.070% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04766 | 0.000% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04763 | −0.063% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04766 | 0.000% | $821K | $255K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04761 | −0.105% | $584K | $173K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | +0.105% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDTshort | +0.0100% | 8h | 0.04767 | +0.021% | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04761 | −0.112% | $50K | $32K | — | 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 | +0.0128% | 8h | 0.04764 | −0.042% | $165K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTMlong | +0.0865% | 8h | 0.04766 | long leg | $2.7M | $228K | 30x |
BloFin IOTA-USDT