Funding you earn now, next payment 06:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.155%
Price spread now: Bitget against Kraken Futures+0.212%7-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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.212% dearer against Kraken Futures than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTAUSD | 0.04795 | 0.0084 | pay 0.0010% / 1h | 5m 57s | $19K | $13K | 10x |
| Short | Bitget IOTAUSDT | 0.04805 | 0.0100 | get 0.0100% / 8h | 2h 05m | $1.8M | $723K | 50x |
Kraken Futures PF_IOTAUSD
Bitget IOTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $3.42
- Price spread: +0.212% → 0.000%
- $21.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2.6
- Costs to cover
- 0.220%
- Break-even
- 1.7 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 6.24 bp | 37.2 bp −$37 | 397.4 bp −$3,974 | 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.
IOTA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDlong | +0.0084% | 1h | 0.04795 | long leg | $19K | $13K | 10x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04799 | +0.078% | $901K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04798 | +0.066% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04795 | +0.003% | $2.3M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04798 | +0.066% | $558K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04794 | −0.018% | $827K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04799 | +0.087% | $583K | $175K | 125x | as long as short |
| Bitget IOTAUSDTshort | +0.0100% | 8h | 0.04805 | +0.212% | $1.8M | $723K | 50x | |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04798 | +0.066% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04779 | −0.337% | $50K | $31K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0120% | 8h | 0.04800 | +0.108% | $164K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0980% | 8h | 0.04795 | +0.003% | $2.7M | $235K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM