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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h −0.384%
Price spread now: Kraken Futures against Variational Omni+0.041%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.041% dearer against Variational Omni than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IOTA0.048670.0100pay 0.0100% / 8h7h 09m$38K$36K
ShortKraken Futures PF_IOTAUSD0.04869−0.0081pay 0.0010% / 1h9m 22s$18K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
−$38.05
Price spread: +0.041% → 0.000%
$4.07
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$43.98
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and 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−0.0081%1h0.04869+0.041%$18K$12K10x
Binance IOTAUSDT+0.0100%8h0.04865−0.042%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04871+0.088%$2.3M$1.4M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04871+0.088%$568K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04869+0.047%$891K$177K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04863−0.076%$608K$179K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04879+0.253%$1.8M$699K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04872+0.109%$2.3Mas long as short
Variational Omni IOTAlong+0.0100%8h0.04867long leg$38K$36K
BloFin IOTA-USDT+0.0123%8h0.04879+0.253%$172K$43K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0825%8h0.04887+0.417%$2.8M$236K30xas long as short
Hyperliquid IOTA+0.0944%1h0.04876+0.199%$993K$339K3xas long as short