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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 09:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.151%
Price spread now: Kraken Futures against Bybit+0.145%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BybitShort 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 0.145% dearer against Bybit than usual: you sell high and buy low (spread +0.145% now, against zero (this spread has no 7-day history yet)): +$15 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IOTAUSDT0.047710.0100pay 0.0100% / 8h7h 46m$2.2M$1.5M75x
ShortKraken Futures PF_IOTAUSD0.047780.0061get 0.0008% / 1h46m 46s$15K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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
−$8.24
Price spread: +0.145% → 0.000%
$14.52
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$14.72
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago6.30 bp34.6 bp −$3575.8 bp −$758doesn'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+0.0061%1h0.04778+0.145%$15K$21K10x
Hyperliquid IOTA+0.0100%1h0.04777+0.117%$895K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04775+0.084%$3.4M$5.7M75xas long as short
Bybit IOTAUSDTlong+0.0100%8h0.04771long leg$2.2M$1.5M75x
OKX IOTA-USDT-SWAP+0.0100%8h0.04772+0.021%$551K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04766−0.105%$822K$250K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04777+0.126%$587K$170K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.047710.000%$1.8M$722K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04774+0.063%—$2.3M—as long as short
Variational Omni IOTA+0.0100%8h0.04761−0.205%$51K$33K—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0120%8h0.04777+0.126%$165K$42K75xas long as short
KuCoin IOTAUSDTM+0.0776%8h0.04772+0.021%$2.7M$188K30xas long as short