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Funding arb · Price arb /

IOTA

all IOTA markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC−0.0897%/8h= −98.2% APRpaid last 24h −0.464%
Price spread now: Kraken Futures against Binance+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOTAUSDT0.048160.0100pay 0.0100% / 8h1h 27m$3.4M$5.7M75x
ShortKraken Futures PF_IOTAUSD0.04819−0.0797pay 0.0100% / 1h27m 13s$18K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$188.41
Price spread: +0.061% → 0.000%
$6.06
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$202.35
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago2.07 bp15.1 bp −$1560.9 bp −$609doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample—————
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

IOTA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSDshort−0.0797%1h0.04819+0.061%$18K$16K10x
BloFin IOTA-USDT+0.0078%8h0.04818+0.033%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04820+0.064%$831K$239K3xas long as short
Binance IOTAUSDTlong+0.0100%8h0.04816long leg$3.4M$5.7M75x
Bybit IOTAUSDT+0.0100%8h0.04814−0.050%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04813−0.071%$563K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04812−0.092%$885K$175K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04817+0.012%$600K$188K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04827+0.219%$1.8M$658K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04816−0.009%—$2.3M—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04814−0.053%$38K$36K—as long as short
KuCoin IOTAUSDTM+0.0637%8h0.04820+0.074%$2.7M$222K30xas long as short