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
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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTAUSD | 0.04864 | −0.0081 | get 0.0010% / 1h | 57m 41s | $18K | $16K | 10x |
| Short | Gate IOTA_USDT | 0.04867 | 0.0100 | get 0.0100% / 8h | 7h 57m | $891K | $173K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 14 min ago | 9.32 bp | 75.3 bp −$75 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDlong | −0.0081% | 1h | 0.04864 | long leg | $18K | $16K | 10x | |
| BloFin IOTA-USDT | +0.0079% | 8h | 0.04874 | +0.212% | $169K | $37K | 75x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04867 | +0.070% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04868 | +0.088% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04860 | −0.076% | $569K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04867 | +0.068% | $891K | $173K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04867 | +0.068% | $609K | $177K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04876 | +0.253% | $1.8M | $707K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04863 | −0.015% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04855 | −0.172% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IOTA | +0.0475% | 1h | 0.04871 | +0.142% | $858K | $263K | 3x | as long as short |
| KuCoin IOTAUSDTM | +0.0728% | 8h | 0.04882 | +0.376% | $2.8M | $236K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
Gate IOTA_USDT
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
Hyperliquid IOTA
KuCoin IOTAUSDTM