Funding you earn now, next payment 01:00 UTC−0.1785%/8h= −195.4% APRnext payment −$2.23 per $10,000 · paid last 24h −0.384%
Price spread now: Kraken Futures against Hyperliquid−0.180%7-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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Kraken Futures is 0.180% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04869 | 0.1703 | pay 0.0213% / 1h | 39m 09s | $963K | $320K | 3x |
| Short | Kraken Futures PF_IOTAUSD | 0.04860 | −0.0081 | pay 0.0010% / 1h | 39m 09s | $18K | $15K | 10x |
Hyperliquid IOTA
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- −$374.76
- Price spread: −0.180% → 0.000%
- −$18.05
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$411.8
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 21 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 Hyperliquid live order book, 21 min ago | 1.33 bp | 47.7 bp −$48 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDshort | −0.0081% | 1h | 0.04860 | −0.180% | $18K | $15K | 10x | |
| BloFin IOTA-USDT | +0.0071% | 8h | 0.04866 | −0.066% | $171K | $43K | 75x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04855 | −0.282% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04856 | −0.271% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04851 | −0.374% | $567K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04859 | −0.209% | $890K | $174K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04854 | −0.312% | $608K | $178K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04866 | −0.066% | $1.8M | $716K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04857 | −0.251% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04863 | −0.122% | $38K | $36K | — | as long as short |
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0702% | 8h | 0.04870 | +0.016% | $2.8M | $235K | 30x | as long as short |
| Hyperliquid IOTAlong | +0.1703% | 1h | 0.04869 | long leg | $963K | $320K | 3x |
KuCoin IOTAUSDTM