Funding you earn now, next payment 23:00 UTC+0.0897%/8h= +98.2% APRnext payment +$1.12 per $10,000 · paid last 24h +0.464%
Price spread now: Hyperliquid against Kraken Futures+0.095%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Hyperliquid is 0.095% dearer against Kraken Futures than usual: you sell high and buy low: +$10 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 | 0.04823 | −0.0797 | get 0.0100% / 1h | 21m 16s | $18K | $16K | 10x |
| Short | Hyperliquid IOTA | 0.04827 | 0.0100 | get 0.0013% / 1h | 21m 16s | $832K | $238K | 3x |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $188.3
- Price spread: +0.095% → 0.000%
- $9.52
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $178.82
- Costs to cover
- 0.190%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 59 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 Hyperliquid live order book, 59 min ago | 1.04 bp | 61.9 bp −$62 | 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 | −0.0797% | 1h | 0.04823 | long leg | $18K | $16K | 10x | |
| BloFin IOTA-USDT | +0.0076% | 8h | 0.04816 | −0.137% | $169K | $36K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04827 | +0.095% | $832K | $238K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04821 | −0.031% | $3.4M | $5.7M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04819 | −0.075% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04821 | −0.033% | $563K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04819 | −0.075% | $886K | $175K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04820 | −0.054% | $601K | $188K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04827 | +0.091% | $1.8M | $665K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04821 | −0.033% | — | $2.3M | — | 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-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04811 | −0.232% | $38K | $36K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0641% | 8h | 0.04830 | +0.153% | $2.7M | $231K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM