Funding you earn now, next payment 00:00 UTC−0.0481%/8h= −52.7% APRnext payment −$4.81 per $10,000 · paid last 24h −0.199%
Price spread now: Gate against KuCoin−0.207%7-day average −0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$565as in the Funding arb table
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4854.848% of the position
Funding, last 7 days−0.807%−$81 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.207%, 7d avg −0.204%
=The price spread sits at its 7-day average of −0.204%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04821 | 0.0581 | pay 0.0581% / 8h | 3h 30m | $2.7M | $225K | 30x |
| Short | Gate IOTA_USDT | 0.04811 | 0.0100 | get 0.0100% / 8h | 3h 30m | $887K | $189K | 75x |
KuCoin IOTAUSDTM
Gate IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$101.01
- Price spread: −0.207% → −0.204%
- −$0.36
- Slippage, 4 orders
- −$457.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$586.13
- Costs to cover
- 4.848%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 16 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, 2 min ago | 13.50 bp | 94.0 bp −$94 | 531.7 bp −$5,317 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 4.20 bp | 77.0 bp −$77 | 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 | −0.0626% | 1h | 0.04811 | −0.205% | $18K | $18K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0097% | 8h | 0.04809 | −0.249% | $171K | $35K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04816 | −0.102% | $832K | $294K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04815 | −0.124% | $3.4M | $6.5M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04810 | −0.228% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04804 | −0.353% | $562K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04811 | −0.207% | $887K | $189K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04813 | −0.166% | $614K | $188K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04816 | −0.104% | $1.7M | $627K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04811 | −0.207% | — | $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 | 0.04792 | −0.600% | $34K | $33K | — | as long as short |
| KuCoin IOTAUSDTMlong | +0.0581% | 8h | 0.04821 | long leg | $2.7M | $225K | 30x |
Variational Omni IOTA