Funding you earn now, next payment 16:00 UTC−0.0718%/8h= −78.6% APRnext payment −$7.18 per $10,000 · paid last 24h −0.139%
Price spread now: BloFin against KuCoin−0.104%50s7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$865as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$7627.621% of the position
Funding, last 7 days−1.029%−$103 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.104%, 7d avg −0.127%
=The price spread pays, funding is against you. BloFin is 0.023% dearer against KuCoin than usual: you sell high and buy low (spread −0.104% now, against its 7-day average of −0.127%): +$2 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04803 | 0.0811 | pay 0.0811% / 8h | 6h 56m | $2.7M | $151K | 30x |
| Short | BloFin IOTA-USDT | 0.04798 | 0.0093 | get 0.0093% / 8h | 6h 56m | $164K | $43K | 75x |
KuCoin IOTAUSDTM
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$150.74
- Price spread: −0.104% → −0.127%
- $2.3
- Slippage, 4 orders
- −$738.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$910.51
- Costs to cover
- 7.621%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; BloFin: live order book, 3 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, 11 min ago | 44.65 bp | 466.1 bp −$466 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.04 bp | 12.5 bp −$12 | 43.3 bp −$433 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDTshort | +0.0093% | 8h | 0.04798 | −0.104% | $164K | $43K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04796 | −0.152% | $899K | $323K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04794 | −0.187% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04790 | −0.271% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04790 | −0.271% | $554K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04791 | −0.250% | $832K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04794 | −0.187% | $577K | $169K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04802 | −0.021% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04792 | −0.229% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04802 | −0.018% | $52K | $33K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTMlong | +0.0811% | 8h | 0.04803 | long leg | $2.7M | $151K | 30x | |
| Kraken Futures PF_IOTAUSD | +0.1328% | 1h | 0.04820 | +0.352% | $14K | $28K | 10x | as long as short |
Kraken Futures PF_IOTAUSD