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Funding arb · Price arb /

IOTA

all IOTA markets
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Alert: funding
Measured
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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.

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 03:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h −0.185%
Price spread now: Kraken Futures against OKX+0.221%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on OKXShort on Kraken Futures
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. Kraken Futures is 0.221% dearer against OKX than usual: you sell high and buy low (spread +0.221% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.048020.0100pay 0.0100% / 8h5h 09m$562K$1.4M20x
ShortKraken Futures PF_IOTAUSD0.04813−0.0195pay 0.0024% / 1h9m 51s$18K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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
−$61.97
Price spread: +0.221% → 0.000%
$22.1
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$59.87
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: OKX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago7.29 bp25.1 bp −$255788.2 bp −$57.9Kdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IOTAUSDshort−0.0195%1h0.04813+0.221%$18K$12K10x
BloFin IOTA-USDT+0.0080%8h0.04801−0.021%$170K$43K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04807+0.110%$901K$399K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04809+0.137%$3.5M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04806+0.083%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04802long leg$562K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04803+0.021%$835K$265K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04808+0.125%$592K$173K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04810+0.167%$1.7M$715K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04805+0.062%—$2.3M—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04798−0.082%$38K$36K—as long as short
KuCoin IOTAUSDTM+0.0909%8h0.04812+0.208%$2.8M$241K30xas long as short