Funding you earn now, next payment 05:00 UTC+0.1974%/8h= +216.2% APRpaid last 24h −4.100%
Price spread now: Gate against Kraken Futures−0.075%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. Gate is 0.075% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$59 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTXUSD | 0.003760 | −0.1874 | get 0.0234% / 1h | 11m 45s | $31K | $17K | 10x |
| Short | Gate IOTX_USDT | 0.003757 | 0.0100 | get 0.0100% / 8h | 3h 11m | $144K | $143K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $414.59
- Price spread: −0.075% → 0.000%
- −$7.45
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $382.13
- Costs to cover
- 0.250%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 34 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 Gate live order book, 34 min ago | 5.31 bp | 292.0 bp −$292 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSDlong | −0.1874% | 1h | 0.003760 | long leg | $31K | $17K | 10x | |
| BloFin IOTX-USDT | +0.0095% | 8h | 0.003770 | +0.271% | $206K | $20K | 50x | as long as short |
| Aster IOTXUSDT | +0.0100% | 1h | 0.003760 | +0.017% | $11K | $16K | 5x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003761 | +0.034% | $2.2M | $5.5M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003761 | +0.032% | $403K | $608K | 25x | as long as short |
| Gate IOTX_USDTshort | +0.0100% | 8h | 0.003757 | −0.075% | $144K | $143K | 50x | |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003759 | −0.021% | $799K | $445K | 50x | as long as short |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003772 | +0.324% | $742K | $60K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003763 | +0.085% | $348K | $368K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003759 | −0.021% | — | $1.6M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTX | +0.0100% | 8h | 0.003773 | +0.347% | $3K | $3K | — | as long as short |
Kraken Futures PF_IOTXUSD
Gate IOTX_USDT
BloFin IOTX-USDT
Aster IOTXUSDT
Binance IOTXUSDT
Bybit IOTXUSDT
MEXC IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX