Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.3933%/8h= +430.6% APRpaid last 24h +0.568%
Price spread now: Kraken Futures against Gate+1.081%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$118 a day on $10k at the current rate, and Kraken Futures is 1.081% dearer against Gate than usual: you sell high and buy low: +$108 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.049910.0100pay 0.0100% / 8h6h 09m$896K$220K75x
ShortKraken Futures PF_IOTAUSD0.050450.4033get 0.0504% / 1h9m 27s$16K$28K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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
$825.84
Price spread: +1.081% → 0.000%
$108.09
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$908.93
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: Gate: live order book, 50 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 Gate live order book, 50 min ago5.06 bp87.0 bp −$87164.6 bp −$1,646doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0076%8h0.04982−0.180%$187K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.05002+0.226%$1.0M$195K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04994+0.060%$3.6M$5.4M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04995+0.080%$2.4M$893K75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04992+0.020%$568K$1.5M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04991long leg$896K$220K75x
MEXC IOTA_USDT+0.0100%8h0.04993+0.040%$569K$151K125xas long as short
KuCoin IOTAUSDTM+0.0100%8h0.04999+0.160%$3.0M$164K30xas long as short
Bitget IOTAUSDT+0.0100%8h0.04992+0.020%$2.0M$1.0M50xas long as short
BingX IOTA-USDT+0.0100%8h0.04994+0.060%$2.5Mas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04984−0.142%$16K$43Kas long as short
Kraken Futures PF_IOTAUSDshort+0.4033%1h0.05045+1.081%$16K$28K10x