Funding you earn now, next payment 16:00 UTC+0.0687%/8h= +75.2% APRnext payment +$6.87 per $10,000 · paid last 24h +0.143%
Price spread now: KuCoin against OKX+0.276%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3433.435% of the position
Funding, last 7 days+0.967%+$97 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now +0.276%, 7d avg +0.189%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.087% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.189%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04702 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $534K | $1.4M | 20x |
| Short | KuCoin IOTAUSDTM | 0.04715 | 0.0787 | get 0.0787% / 8h | 4h 05m | $2.7M | $145K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $144.27
- Price spread: +0.276% → +0.189%
- $8.72
- Slippage, 4 orders
- −$321.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$190.5
- Costs to cover
- 3.435%
- Break-even
- 16.2 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 5 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 OKX live order book, 5 min ago | 1.06 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 22.25 bp | 159.5 bp −$159 | doesn't fit | doesn't fit | 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 | +0.0081% | 8h | 0.04707 | +0.106% | $161K | $41K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04711 | +0.202% | $881K | $315K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04707 | +0.106% | $3.4M | $5.6M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04706 | +0.085% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04702 | long leg | $534K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04708 | +0.128% | $819K | $249K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04707 | +0.106% | $553K | $168K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04711 | +0.191% | $1.7M | $706K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04706 | +0.085% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04702 | −0.007% | $50K | $32K | — | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTMshort | +0.0787% | 8h | 0.04715 | +0.276% | $2.7M | $145K | 30x | |
| Kraken Futures PF_IOTAUSD | +0.4598% | 1h | 0.04726 | +0.501% | $13K | $28K | 10x | as long as short |
OKX IOTA-USDT-SWAP
KuCoin IOTAUSDTM
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
Kraken Futures PF_IOTAUSD