Funding you earn now, next payment 08:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −4.093%
Price spread now: KuCoin against Kraken Futures+0.744%52s7-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. KuCoin is 0.744% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.744% now, against zero (this spread has no 7-day history yet)): +$74 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9.9 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTXUSD | 0.003667 | 0.0350 | pay 0.0044% / 1h | 21m 33s | $32K | $18K | 10x |
| Short | KuCoin IOTXUSDTM | 0.003694 | 0.0100 | get 0.0100% / 8h | 21m 33s | $725K | $59K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$52.46
- Price spread: +0.744% → 0.000%
- $74.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$0.06
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 43 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 KuCoin live order book, 43 min ago | 19.93 bp | 672.7 bp −$673 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTX-USDT | +0.0084% | 8h | 0.003666 | −0.020% | $200K | $20K | 50x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003668 | +0.035% | $2.1M | $5.7M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003673 | +0.171% | $390K | $650K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003667 | +0.008% | $141K | $144K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003668 | +0.035% | $768K | $453K | 50x | as long as short |
| KuCoin IOTXUSDTMshort | +0.0100% | 8h | 0.003694 | +0.744% | $725K | $59K | 30x | |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003671 | +0.117% | $344K | $417K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003668 | +0.035% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003671 | +0.112% | $3K | $4K | — | as long as short |
| Kraken Futures PF_IOTXUSDlong | +0.0350% | 1h | 0.003667 | long leg | $32K | $18K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0399% | 1h | 0.003672 | +0.138% | $11K | $15K | 5x | as long as short |
Kraken Futures PF_IOTXUSD
KuCoin IOTXUSDTM
BloFin IOTX-USDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
Aster IOTXUSDT