Funding you earn now, next payment 06:00 UTC+0.0631%/8h= +69.0% APRpaid last 24h +4.068%
Price spread now: Kraken Futures against BloFin+0.359%57s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.359% dearer against BloFin than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | BloFin IOTX-USDT | 0.003697 | 0.0124 | pay 0.0124% / 8h | 2h 35m | $203K | $20K | 50x |
| Short | Kraken Futures PF_IOTXUSD | 0.003710 | 0.0754 | get 0.0094% / 1h | 35m 57s | $32K | $18K | 10x |
BloFin IOTX-USDT
Kraken Futures PF_IOTXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $132.41
- Price spread: +0.359% → 0.000%
- $35.88
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $146.3
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 36 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 BloFin live order book, 36 min ago | 1.33 bp | 27.6 bp −$28 | 92.8 bp −$928 | doesn't fit | 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.
IOTX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0100% | 1h | 0.003711 | +0.386% | $11K | $16K | 5x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003718 | +0.568% | $2.1M | $5.6M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003717 | +0.541% | $400K | $621K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003709 | +0.325% | $142K | $143K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003715 | +0.487% | $783K | $442K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003719 | +0.595% | $730K | $60K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003708 | +0.298% | $330K | $366K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003714 | +0.460% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003719 | +0.593% | $3K | $3K | — | as long as short |
| BloFin IOTX-USDTlong | +0.0124% | 8h | 0.003697 | long leg | $203K | $20K | 50x |
Aster IOTXUSDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSDshort | +0.0754% | 1h | 0.003710 | +0.359% | $32K | $18K | 10x |