Funding you earn now, next payment 09:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −4.089%
Price spread now: BloFin against Kraken Futures+0.272%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. BloFin is 0.272% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.272% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTXUSD | 0.003702 | 0.0201 | pay 0.0025% / 1h | 53m 16s | $32K | $18K | 10x |
| Short | BloFin IOTX-USDT | 0.003712 | 0.0086 | get 0.0086% / 8h | 7h 53m | $205K | $20K | 50x |
Kraken Futures PF_IOTXUSD
BloFin IOTX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$24.19
- Price spread: +0.272% → 0.000%
- $27.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.04
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 5.37 bp | 26.6 bp −$27 | 83.3 bp −$833 | doesn't fit | doesn't fit |
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-USDTshort | +0.0086% | 8h | 0.003712 | +0.272% | $205K | $20K | 50x | |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003703 | +0.040% | $2.1M | $5.7M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003698 | −0.107% | $389K | $655K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003693 | −0.242% | $142K | $138K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003699 | −0.080% | $773K | $452K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003719 | +0.461% | $736K | $63K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003706 | +0.109% | $361K | $437K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003705 | +0.082% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003718 | +0.431% | $3K | $4K | — | as long as short |
| Kraken Futures PF_IOTXUSDlong | +0.0201% | 1h | 0.003702 | long leg | $32K | $18K | 10x |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0610% | 1h | 0.003692 | −0.280% | $11K | $16K | 5x | as long as short |
Aster IOTXUSDT