Settings8H · net · $10k
Funding arb · Price arb /

IOTX

all IOTX markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTXUSD0.0036670.0350pay 0.0044% / 1h21m 33s$32K$18K10x
ShortKuCoin IOTXUSDTM0.0036940.0100get 0.0100% / 8h21m 33s$725K$59K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell KuCoin live order book, 43 min ago19.93 bp672.7 bp −$673doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTX-USDT+0.0084%8h0.003666−0.020%$200K$20K50xas long as short
Binance IOTXUSDT+0.0100%8h0.003668+0.035%$2.1M$5.7M50xas long as short
Bybit IOTXUSDT+0.0100%8h0.003673+0.171%$390K$650K25xas long as short
Gate IOTX_USDT+0.0100%8h0.003667+0.008%$141K$144K50xas long as short
MEXC IOTX_USDT+0.0100%8h0.003668+0.035%$768K$453K50xas long as short
KuCoin IOTXUSDTMshort+0.0100%8h0.003694+0.744%$725K$59K30x
Bitget IOTXUSDT+0.0100%8h0.003671+0.117%$344K$417K50xas long as short
BingX IOTX-USDT+0.0100%8h0.003668+0.035%$1.6Mas long as short
Variational Omni IOTX+0.0100%8h0.003671+0.112%$3K$4Kas long as short
Kraken Futures PF_IOTXUSDlong+0.0350%1h0.003667long leg$32K$18K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IOTXUSDT+0.0399%1h0.003672+0.138%$11K$15K5xas long as short