Funding you earn now, next payment 09:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h +0.151%
Price spread now: BingX against Kraken Futures−0.082%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—needs both histories
Funding pays, the price is against you. BingX is 0.082% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 7.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTAUSD | 0.04778 | 0.0061 | pay 0.0008% / 1h | 47m 01s | $15K | $21K | 10x |
| Short | BingX IOTA-USDT | 0.04774 | 0.0100 | get 0.0100% / 8h | 7h 47m | — | $2.3M | — |
Kraken Futures PF_IOTAUSD
BingX IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $8.24
- Price spread: −0.082% → 0.000%
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$19.98
- Costs to cover
- 0.200%
- Break-even
- 24.0 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 2 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 5.24 bp | 21.7 bp −$22 | 51.4 bp −$514 | 412.0 bp −$41.2K | 520.0 bp −$260.0K |
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_IOTAUSDlong | +0.0061% | 1h | 0.04778 | long leg | $15K | $21K | 10x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04776 | −0.034% | $895K | $327K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04773 | −0.094% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04769 | −0.187% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04770 | −0.166% | $551K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04766 | −0.250% | $822K | $250K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04773 | −0.103% | $586K | $170K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04771 | −0.145% | $1.8M | $722K | 50x | as long as short |
| BingX IOTA-USDTshort | +0.0100% | 8h | 0.04774 | −0.082% | — | $2.3M | — | |
| Variational Omni IOTA | +0.0100% | 8h | 0.04761 | −0.350% | $51K | $33K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0120% | 8h | 0.04777 | −0.019% | $165K | $42K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0776% | 8h | 0.04772 | −0.124% | $2.7M | $188K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM