data as of
Settings8H · net · $10k
Funding arb /

IO

all IO markets
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Funding spread now, next payment 18:00 UTC−1.4150%/8h
next payment, per $10,000$17.69paid, last 24h−3.809%paid, last 4 days−11.623%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOUSD0.14821.4254pay 0.1782% / 1h10m 56s$40K$18K10x
ShortExtended IO-USD0.14860.0104get 0.0013% / 1h10m 56s$5K$171K5x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
−$2,971.4
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$2,986.4
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 63 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.259%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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 Extended live order book, 63 min ago5.99 bp83.8 bp −$84doesn'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.

IO on 14 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin IO-USDT+0.0083%4h$193K$32K50xas long as short
Hyperliquid IO+0.0100%1h$993K$403K3xas long as short
Aster IOUSDT+0.0100%4h$13K$25K5xas long as short
Binance IOUSDT+0.0100%4h$2.9M$6.4M50xas long as short
Bybit IOUSDT+0.0100%4h$1.1M$925K25xas long as short
Gate IO_USDT+0.0100%4h$225K$548K50xas long as short
MEXC IO_USDT+0.0100%4h$1.1M$237K125xas long as short
KuCoin IOUSDTM+0.0100%4h$430K$609K50xas long as short
Bitget IOUSDT+0.0100%4h$1.4M$1.2M50xas long as short
BingX IO-USDT+0.0100%4h$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni IO+0.0100%4h$30K$5Kas long as short
Extended IO-USDshort+0.0104%1h$5K$171K5x
Injective IO/USDC PERP+0.0160%1h$2K$63K5.5xas long as short
Kraken Futures PF_IOUSDlong+1.4254%1h$40K$18K10x