Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.8% APRpaid last 24h −0.162%
Price spread now: Kraken Futures against Bitget−0.008%48s7-day average — · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOTAUSDT | 0.04816 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $1.8M | $721K | 50x |
| Short | Kraken Futures PF_IOTAUSD | 0.04816 | 0.0172 | get 0.0021% / 1h | 30m 30s | $19K | $13K | 10x |
Bitget IOTAUSDT
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $15.04
- Price spread: −0.008% → 0.000%
- −$0.81
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$7.78
- Costs to cover
- 0.220%
- Break-even
- 10.6 days
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 7.27 bp | 29.5 bp −$29 | 290.9 bp −$2,909 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0082% | 8h | 0.04817 | +0.021% | $169K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04813 | −0.066% | $903K | $335K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04811 | −0.109% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04808 | −0.166% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04807 | −0.187% | $561K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04804 | −0.249% | $830K | $254K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04810 | −0.125% | $591K | $169K | 125x | as long as short |
| Bitget IOTAUSDTlong | +0.0100% | 8h | 0.04816 | long leg | $1.8M | $721K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04812 | −0.083% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04811 | −0.101% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDshort | +0.0172% | 1h | 0.04816 | −0.008% | $19K | $13K | 10x | |
| KuCoin IOTAUSDTM | +0.0987% | 8h | 0.04815 | −0.021% | $2.8M | $237K | 30x | as long as short |
KuCoin IOTAUSDTM