Funding you earn now, next payment 08:00 UTC−0.0858%/8h= −94.0% APRnext payment −$8.58 per $10,000 · paid last 24h −0.151%
Price spread now: Bitget against KuCoin+0.104%7-day average −0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$555as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4594.590% of the position
Funding, last 7 days−0.957%−$96 on $10k
+Price spread, last 7 days−0.341%−$34 · spread now +0.104%, 7d avg −0.135%
=The price spread pays, funding is against you. Bitget is 0.239% dearer against KuCoin than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of −0.135%): +$24 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04802 | 0.0958 | pay 0.0958% / 8h | 2h 01m | $2.7M | $235K | 30x |
| Short | Bitget IOTAUSDT | 0.04807 | 0.0100 | get 0.0100% / 8h | 2h 01m | $1.8M | $723K | 50x |
KuCoin IOTAUSDTM
Bitget IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$180.18
- Price spread: +0.104% → −0.135%
- $23.91
- Slippage, 4 orders
- −$435.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$615.3
- Costs to cover
- 4.590%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, just now.
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, 5 min ago | 33.34 bp | 253.9 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 7.28 bp | 40.3 bp −$40 | 325.5 bp −$3,255 | 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 | +0.0084% | 1h | 0.04801 | −0.022% | $19K | $13K | 10x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04806 | +0.083% | $902K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04801 | −0.021% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04801 | −0.021% | $2.3M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04800 | −0.042% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04799 | −0.062% | $828K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04802 | 0.000% | $583K | $175K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04807 | +0.104% | $1.8M | $723K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04802 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04793 | −0.184% | $50K | $31K | — | 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 | +0.0101% | 8h | 0.04799 | −0.062% | $165K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTMlong | +0.0958% | 8h | 0.04802 | long leg | $2.7M | $235K | 30x |
BloFin IOTA-USDT