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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0986%/8h= −108.0% APRpaid last 24h −0.148%
Price spread now: Kraken Futures against Gate+0.186%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on GateShort on Kraken Futures
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.186% dearer against Gate than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 15 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IOTA_USDT0.047610.0100pay 0.0100% / 8h5m 25s$820K$257K75x
ShortKraken Futures PF_IOTAUSD0.04770−0.0886pay 0.0111% / 1h5m 25s$19K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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
−$207.06
Price spread: +0.186% → 0.000%
$18.64
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$213.42
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 31 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 31 min ago7.36 bp71.7 bp −$72178.5 bp −$1,785doesn't fitdoesn'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.

IOTA on 12 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
Kraken Futures PF_IOTAUSDshort−0.0886%1h0.04770+0.186%$19K$17K10x
BloFin IOTA-USDT+0.0070%8h0.04760−0.021%$164K$42K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04764+0.055%$893K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04764+0.068%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04757−0.084%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.047610.000%$551K$1.4M20xas long as short
Gate IOTA_USDTlong+0.0100%8h0.04761long leg$820K$257K75x
MEXC IOTA_USDT+0.0100%8h0.04763+0.042%$585K$176K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04766+0.105%$1.8M$725K50xas long as short
BingX IOTA-USDT+0.0100%8h0.047610.000%—$2.3M—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04758−0.056%$51K$33K—as long as short
KuCoin IOTAUSDTM+0.0738%8h0.04765+0.084%$2.7M$220K30xas long as short