Funding you earn now, next payment 06:00 UTC+0.0655%/8h= +71.8% APRpaid last 24h +4.075%
Price spread now: Kraken Futures against Bybit−0.248%7-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 0.248% cheaper against Bybit than usual: you would sell low and buy high (spread −0.248% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 30 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTXUSDT | 0.003714 | 0.0100 | pay 0.0100% / 8h | 2h 18m | $396K | $620K | 25x |
| Short | Kraken Futures PF_IOTXUSD | 0.003705 | 0.0755 | get 0.0094% / 1h | 18m 09s | $32K | $18K | 10x |
Bybit IOTXUSDT
Kraken Futures PF_IOTXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $137.61
- Price spread: −0.248% → 0.000%
- −$24.76
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $91.86
- Costs to cover
- 0.210%
- Break-even
- 2.3 days
Slippage unknown: Bybit: live order book, 22 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 Bybit live order book, 22 min ago | 9.49 bp | 149.7 bp −$150 | 1767.9 bp −$17.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTX-USDT | +0.0079% | 8h | 0.003709 | −0.135% | $200K | $20K | 50x | as long as short |
| Aster IOTXUSDT | +0.0100% | 1h | 0.003716 | +0.054% | $11K | $16K | 5x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003713 | −0.027% | $2.1M | $5.6M | 50x | as long as short |
| Bybit IOTXUSDTlong | +0.0100% | 8h | 0.003714 | long leg | $396K | $620K | 25x | |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003712 | −0.054% | $142K | $144K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003713 | −0.027% | $776K | $444K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003732 | +0.485% | $732K | $59K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003701 | −0.350% | $325K | $373K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003712 | −0.054% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003693 | −0.569% | $3K | $3K | — | as long as short |
BloFin IOTX-USDT
Aster IOTXUSDT
Binance 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 | +0.0755% | 1h | 0.003705 | −0.248% | $32K | $18K | 10x |