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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 05:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +0.173%
Price spread now: Bitget against Kraken Futures+0.165%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on Bitget
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. Bitget is 0.165% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.165% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.048090.0172pay 0.0021% / 1h54m 59s$19K$13K10x
ShortBitget IOTAUSDT0.048170.0100get 0.0100% / 8h3h 54m$1.8M$722K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$15.09
Price spread: +0.165% → 0.000%
$16.53
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.56
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample—————
Sell Bitget live order book, 2 min ago6.26 bp38.6 bp −$39249.4 bp −$2,494doesn't fitdoesn't fit
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
Hyperliquid IOTA+0.0100%1h0.04811+0.041%$903K$349K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04812+0.056%$3.5M$6.0M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04805−0.084%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04809−0.001%$560K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04803−0.126%$831K$239K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04809−0.001%$592K$167K125xas long as short
Bitget IOTAUSDTshort+0.0100%8h0.04817+0.165%$1.8M$722K50x
BingX IOTA-USDT+0.0100%8h0.04811+0.041%—$2.3M—as long as short
Variational Omni IOTA+0.0100%8h0.04792−0.362%$38K$20K—as long as short
BloFin IOTA-USDT+0.0110%8h0.04800−0.188%$169K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSDlong+0.0172%1h0.04809long leg$19K$13K10x
KuCoin IOTAUSDTM+0.0960%8h0.04810+0.020%$2.8M$238K30xas long as short