Funding you earn now, next payment 09:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.151%
Price spread now: Kraken Futures against BingX+0.144%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 0.144% dearer against BingX than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOTA-USDT | 0.04763 | 0.0100 | pay 0.0100% / 8h | 7h 51m | — | $2.3M | — |
| Short | Kraken Futures PF_IOTAUSD | 0.04770 | 0.0061 | get 0.0008% / 1h | 51m 17s | $19K | $17K | 10x |
BingX IOTA-USDT
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$8.22
- Price spread: +0.144% → 0.000%
- $14.42
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$13.8
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 12 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 12 min ago | 5.25 bp | 20.8 bp −$21 | 52.5 bp −$525 | 413.1 bp −$41.3K | 492.4 bp −$246.2K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDshort | +0.0061% | 1h | 0.04770 | +0.144% | $19K | $17K | 10x | |
| BloFin IOTA-USDT | +0.0096% | 8h | 0.04760 | −0.063% | $165K | $42K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04766 | +0.065% | $893K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04764 | +0.013% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04758 | −0.105% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04762 | −0.021% | $550K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04763 | 0.000% | $822K | $250K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04763 | 0.000% | $585K | $170K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04773 | +0.210% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDTlong | +0.0100% | 8h | 0.04763 | long leg | — | $2.3M | — |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04758 | −0.100% | $51K | $33K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0768% | 8h | 0.04767 | +0.084% | $2.7M | $199K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM