Funding you earn now, next payment 05:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h −0.162%
Price spread now: Kraken Futures against MEXC−0.048%51s7-day average — · you buy dearer than you sell
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—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.048% cheaper against MEXC than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.2 days of funding at the current rate (+$2 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04786 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $588K | $171K | 125x |
| Short | Kraken Futures PF_IOTAUSD | 0.04784 | 0.0173 | get 0.0022% / 1h | 23m 33s | $19K | $13K | 10x |
MEXC IOTA_USDT
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $15.28
- Price spread: −0.048% → 0.000%
- −$4.8
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$3.52
- Costs to cover
- 0.140%
- Break-even
- 8.6 days
Slippage unknown: MEXC: live order book, 21 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 21 min ago | 3.13 bp | 10.6 bp −$11 | 21.1 bp −$211 | 208.1 bp −$20.8K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0074% | 8h | 0.04797 | +0.230% | $168K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04788 | +0.033% | $899K | $334K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04786 | 0.000% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04786 | 0.000% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04783 | −0.063% | $558K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04787 | +0.021% | $827K | $255K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04786 | long leg | $588K | $171K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04792 | +0.125% | $1.8M | $718K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04787 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04789 | +0.055% | $38K | $20K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDshort | +0.0173% | 1h | 0.04784 | −0.048% | $19K | $13K | 10x | |
| KuCoin IOTAUSDTM | +0.1032% | 8h | 0.04797 | +0.230% | $2.7M | $237K | 30x | as long as short |
KuCoin IOTAUSDTM