Funding you earn now, next payment 16:00 UTC−0.0701%/8h= −76.8% APRnext payment −$7.01 per $10,000 · paid last 24h −0.143%
Price spread now: MEXC against KuCoin−0.253%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3793.788% of the position
Funding, last 7 days−1.025%−$102 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.253%, 7d avg −0.150%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and MEXC is 0.103% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.150%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTAUSDTM | 0.04736 | 0.0801 | pay 0.0801% / 8h | 5h 44m | $2.7M | $155K | 30x |
| Short | MEXC IOTA_USDT | 0.04724 | 0.0100 | get 0.0100% / 8h | 5h 44m | $575K | $167K | 125x |
KuCoin IOTAUSDTM
MEXC IOTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$147.21
- Price spread: −0.253% → −0.150%
- −$10.34
- Slippage, 4 orders
- −$362.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$536.31
- Costs to cover
- 3.788%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 62 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, 6 min ago | 45.32 bp | 117.8 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 3.16 bp | 10.3 bp −$10 | 31.3 bp −$313 | 233.8 bp −$23.4K | doesn't fit |
IOTA on 12 exchanges
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-USDT | +0.0092% | 8h | 0.04738 | +0.042% | $164K | $42K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04726 | −0.209% | $886K | $320K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04726 | −0.211% | $3.4M | $5.6M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04723 | −0.274% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04722 | −0.296% | $540K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04724 | −0.253% | $819K | $248K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04724 | −0.253% | $575K | $167K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04729 | −0.148% | $1.8M | $688K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04727 | −0.190% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04731 | −0.110% | $50K | $32K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTMlong | +0.0801% | 8h | 0.04736 | long leg | $2.7M | $155K | 30x | |
| Kraken Futures PF_IOTAUSD | +0.1322% | 1h | 0.04744 | +0.163% | $14K | $27K | 10x | as long as short |
Kraken Futures PF_IOTAUSD