Funding you earn now, next payment 03:00 UTC−1.1473%/8h= −1256.3% APRnext payment −$14.34 per $10,000 · paid last 24h −3.582%
Price spread now: Aster against Kraken Futures−0.093%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
=Both sides work against this trade now: funding costs −$344 a day on $10k at the current rate, and Aster is 0.093% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTXUSD | 0.003741 | 1.1841 | pay 0.1480% / 1h | 42m 37s | $25K | $8K | 10x |
| Short | Aster IOTXUSDT | 0.003738 | 0.0368 | get 0.0046% / 1h | 42m 37s | $11K | $15K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$2,409.38
- Price spread: −0.093% → 0.000%
- −$9.25
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$2,436.63
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IOTXUSDT | +0.0100% | 8h | 0.003750 | +0.228% | $2.1M | $5.2M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003758 | +0.441% | $411K | $545K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003747 | +0.147% | $142K | $143K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003753 | +0.308% | $812K | $438K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003771 | +0.789% | $741K | $79K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003746 | +0.121% | $355K | $340K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003753 | +0.308% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003718 | −0.618% | $3K | $2K | — | as long as short |
| BloFin IOTX-USDT | +0.0129% | 8h | 0.003752 | +0.281% | $200K | $17K | 50x | as long as short |
| Aster IOTXUSDTshort | +0.0368% | 1h | 0.003738 | −0.093% | $11K | $15K | 5x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSDlong | +1.1841% | 1h | 0.003741 | long leg | $25K | $8K | 10x |
Kraken Futures PF_IOTXUSD
Aster IOTXUSDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
BloFin IOTX-USDT