Funding you earn now, next payment 03:00 UTC−1.1723%/8h= −1283.7% APRpaid last 24h −3.586%
Price spread now: BingX against Kraken Futures+0.155%7-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
The price spread pays, funding is against you. BingX is 0.155% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$352 a day in funding at the current rate, which eats that in about 1 hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTXUSD | 0.003747 | 1.1823 | pay 0.1478% / 1h | 40m 19s | $25K | $8K | 10x |
| Short | BingX IOTX-USDT | 0.003753 | 0.0100 | get 0.0100% / 8h | 5h 40m | — | $1.6M | — |
Kraken Futures PF_IOTXUSD
BingX IOTX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$2,461.92
- Price spread: +0.155% → 0.000%
- $15.5
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,466.42
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 6 min ago. 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 BingX live order book, 6 min ago | 6.72 bp | 32.2 bp −$32 | 105.9 bp −$1,059 | 829.1 bp −$82.9K | 1287.6 bp −$643.8K |
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 | +0.0072% | 8h | 0.003751 | +0.102% | $200K | $17K | 50x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003750 | +0.075% | $2.1M | $5.2M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003758 | +0.288% | $411K | $546K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003753 | +0.155% | $143K | $143K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003755 | +0.208% | $812K | $438K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003773 | +0.689% | $742K | $79K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003746 | −0.032% | $355K | $340K | 50x | as long as short |
| BingX IOTX-USDTshort | +0.0100% | 8h | 0.003753 | +0.155% | — | $1.6M | — | |
| Variational Omni IOTX | +0.0100% | 8h | 0.003761 | +0.362% | $3K | $2K | — | as long as short |
| Aster IOTXUSDT | +0.0461% | 1h | 0.003744 | −0.083% | $11K | $15K | 5x | as long as short |
BloFin IOTX-USDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
Variational Omni IOTX
Aster IOTXUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSDlong | +1.1823% | 1h | 0.003747 | long leg | $25K | $8K | 10x |