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Funding arb · Price arb /

IOTA

all IOTA markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h +0.155%
Price spread now: Variational Omni against Kraken Futures−0.079%7-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 Variational Omni
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.079% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 17 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.047440.0085pay 0.0011% / 1h35m 37s$19K$13K10x
ShortVariational Omni IOTA0.047400.0100get 0.0100% / 8h2h 35m$37K$20K—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$3.23
Price spread: −0.079% → 0.000%
−$7.9
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$14.68
Costs to cover
0.100%
Break-even
38.8 days
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample—————
Kraken Futures and Variational Omni: 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+0.0085%1h0.04744long leg$19K$13K10x
Hyperliquid IOTA+0.0100%1h0.04753+0.204%$892K$333K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04753+0.210%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04748+0.095%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04752+0.179%$553K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04746+0.052%$819K$259K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04752+0.179%$569K$170K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04749+0.116%$1.8M$719K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04746+0.052%—$2.3M—as long as short
Variational Omni IOTAshort+0.0100%8h0.04740−0.079%$37K$20K—
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0106%8h0.04744+0.010%$167K$43K75xas long as short
KuCoin IOTAUSDTM+0.1037%8h0.04750+0.137%$2.7M$235K30xas long as short