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Funding arb · Price arb /

IOTA

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Alert: funding
Measured
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Alert: spread
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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 22:00 UTC+0.0769%/8h= +84.2% APRpaid last 24h +0.454%
Price spread now: OKX against Kraken Futures−0.182%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on OKX
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
Funding pays, the price is against you. OKX is 0.182% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.182% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 19 hours of funding at the current rate (+$23 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.04798−0.0669get 0.0084% / 1h1m 20s$18K$16K10x
ShortOKX IOTA-USDT-SWAP0.047890.0100get 0.0100% / 8h2h 01m$563K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$161.44
Price spread: −0.182% → 0.000%
−$18.21
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$123.23
Costs to cover
0.200%
Break-even
1.7 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago8.35 bp25.9 bp −$26doesn'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−0.0669%1h0.04798long leg$18K$16K10x
BloFin IOTA-USDT+0.0093%8h0.04793−0.099%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04798−0.001%$826K$242K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04797−0.011%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04794−0.078%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPshort+0.0100%8h0.04789−0.182%$563K$1.3M20x
Gate IOTA_USDT+0.0100%8h0.04791−0.140%$882K$178K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04797−0.015%$597K$192K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04801+0.068%$1.8M$628K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04793−0.099%—$2.3M—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04792−0.114%$38K$36K—as long as short
KuCoin IOTAUSDTM+0.0609%8h0.04804+0.131%$2.7M$223K30xas long as short