Funding you earn now, next payment 12:00 UTC−0.4542%/8h= −497.3% APRpaid last 24h +0.101%
Price spread now: BloFin against Kraken Futures−0.032%57s7-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
Both sides work against this trade now: funding costs −$136 a day on $10k at the current rate, and BloFin is 0.032% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTAUSD | 0.04695 | 0.4629 | pay 0.0579% / 1h | 44m 02s | $13K | $28K | 10x |
| Short | BloFin IOTA-USDT | 0.04693 | 0.0087 | get 0.0087% / 8h | 4h 44m | $162K | $41K | 75x |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$953.74
- Price spread: −0.032% → 0.000%
- −$3.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$978.98
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 53 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 BloFin live order book, 53 min ago | 3.18 bp | 13.5 bp −$14 | 51.6 bp −$516 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDTshort | +0.0087% | 8h | 0.04693 | −0.032% | $162K | $41K | 75x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04687 | −0.152% | $877K | $317K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04684 | −0.216% | $3.4M | $5.6M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04681 | −0.288% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04684 | −0.224% | $530K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04685 | −0.203% | $815K | $248K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04684 | −0.224% | $559K | $162K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04691 | −0.075% | $1.7M | $710K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04682 | −0.267% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04672 | −0.473% | $50K | $32K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0875% | 8h | 0.04690 | −0.096% | $2.7M | $148K | 30x | as long as short |
| Kraken Futures PF_IOTAUSDlong | +0.4629% | 1h | 0.04695 | long leg | $13K | $28K | 10x |
KuCoin IOTAUSDTM