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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.371%
Price spread now: Gate against Kraken Futures+0.068%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 4 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 +$5 a day on $10k at the current rate, and Gate is 0.068% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.04864−0.0081get 0.0010% / 1h57m 41s$18K$16K10x
ShortGate IOTA_USDT0.048670.0100get 0.0100% / 8h7h 57m$891K$173K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$38.06
Price spread: +0.068% → 0.000%
$6.77
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$19.83
Costs to cover
0.250%
Break-even
3.4 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 14 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 Gate live order book, 14 min ago9.32 bp75.3 bp −$75doesn't fitdoesn'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
Kraken Futures PF_IOTAUSDlong−0.0081%1h0.04864long leg$18K$16K10x
BloFin IOTA-USDT+0.0079%8h0.04874+0.212%$169K$37K75xas long as short
Binance IOTAUSDT+0.0100%8h0.04867+0.070%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04868+0.088%$2.2M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04860−0.076%$569K$1.4M20xas long as short
Gate IOTA_USDTshort+0.0100%8h0.04867+0.068%$891K$173K75x
MEXC IOTA_USDT+0.0100%8h0.04867+0.068%$609K$177K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04876+0.253%$1.8M$707K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04863−0.015%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04855−0.172%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid IOTA+0.0475%1h0.04871+0.142%$858K$263K3xas long as short
KuCoin IOTAUSDTM+0.0728%8h0.04882+0.376%$2.8M$236K30xas long as short