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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1686%/8h= +184.6% APRpaid last 24h +0.299%
Price spread now: KuCoin against Kraken Futures+0.400%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 +$51 a day on $10k at the current rate, and KuCoin is 0.400% dearer against Kraken Futures than usual: you sell high and buy low: +$40 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_IOTAUSD0.04758−0.0888get 0.0111% / 1h36m 56s$19K$13K10x
ShortKuCoin IOTAUSDTM0.047770.0798get 0.0798% / 8h36m 56s$2.7M$228K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$354.11
Price spread: +0.400% → 0.000%
$40.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$372.12
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago38.53 bp206.2 bp −$206doesn'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−0.0888%1h0.04758long leg$19K$13K10x
BloFin IOTA-USDT+0.0096%8h0.04762+0.085%$164K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04763+0.104%$893K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04766+0.164%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04763+0.106%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04762+0.085%$554K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04765+0.148%$821K$256K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04766+0.169%$585K$174K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04771+0.274%$1.8M$724K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04770+0.253%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04791+0.685%$50K$32Kas long as short
KuCoin IOTAUSDTMshort+0.0798%8h0.04777+0.400%$2.7M$228K30x