Funding you earn now, next payment 06:00 UTC+0.0651%/8h= +71.2% APRpaid last 24h +4.075%
Price spread now: Kraken Futures against KuCoin−0.347%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. Kraken Futures is 0.347% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.347% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 43 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IOTXUSDTM | 0.003741 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $734K | $61K | 30x |
| Short | Kraken Futures PF_IOTXUSD | 0.003728 | 0.0751 | get 0.0094% / 1h | 50m 40s | $32K | $18K | 10x |
KuCoin IOTXUSDTM
Kraken Futures PF_IOTXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $136.63
- Price spread: −0.347% → 0.000%
- −$34.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $79.93
- Costs to cover
- 0.220%
- Break-even
- 2.9 days
Slippage unknown: KuCoin: live order book, 24 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 24 min ago | 31.71 bp | 272.7 bp −$273 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IOTXUSDT | +0.0100% | 1h | 0.003726 | −0.396% | $11K | $16K | 5x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003724 | −0.454% | $2.2M | $5.6M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003732 | −0.241% | $400K | $619K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003725 | −0.428% | $143K | $142K | 50x | as long as short |
| MEXC IOTX_USDT | +0.0100% | 8h | 0.003723 | −0.481% | $785K | $442K | 50x | as long as short |
| KuCoin IOTXUSDTMlong | +0.0100% | 8h | 0.003741 | long leg | $734K | $61K | 30x | |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003733 | −0.214% | $332K | $363K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003725 | −0.428% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003726 | −0.405% | $3K | $3K | — | as long as short |
| BloFin IOTX-USDT | +0.0121% | 8h | 0.003727 | −0.374% | $203K | $20K | 50x | as long as short |
Aster IOTXUSDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
MEXC IOTX_USDT
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
BloFin IOTX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSDshort | +0.0751% | 1h | 0.003728 | −0.347% | $32K | $18K | 10x |