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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Measured
My alerts

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
My alerts

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−0.0073%/8h= −8.0% APRpaid last 24h +0.162%
Price spread now: MEXC against Kraken Futures+0.069%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 MEXC
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. MEXC is 0.069% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.047840.0173pay 0.0022% / 1h23m 34s$19K$13K10x
ShortMEXC IOTA_USDT0.047870.0100get 0.0100% / 8h3h 23m$588K$171K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$15.28
Price spread: +0.069% → 0.000%
$6.89
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$22.39
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 21 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 MEXC live order book, 21 min ago3.13 bp10.9 bp −$1140.5 bp −$405236.0 bp −$23.6Kdoesn'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
BloFin IOTA-USDT+0.0074%8h0.04797+0.278%$168K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04789+0.115%$899K$334K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04786+0.048%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04786+0.048%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04785+0.027%$558K$1.3M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04787+0.069%$827K$255K75xas long as short
MEXC IOTA_USDTshort+0.0100%8h0.04787+0.069%$588K$171K125x
Bitget IOTAUSDT+0.0100%8h0.04792+0.173%$1.8M$718K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04787+0.069%—$2.3M—as long as short
Variational Omni IOTA+0.0100%8h0.04789+0.103%$38K$20K—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSDlong+0.0173%1h0.04784long leg$19K$13K10x
KuCoin IOTAUSDTM+0.1032%8h0.04798+0.299%$2.7M$237K30xas long as short