Funding you earn now, next payment 03:00 UTC+0.0296%/8h= +32.4% APRpaid last 24h +0.185%
Price spread now: Gate against Kraken Futures−0.122%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. Gate is 0.122% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 33 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IOTAUSD | 0.04782 | −0.0196 | get 0.0025% / 1h | 4m 06s | $18K | $12K | 10x |
| Short | Gate IOTA_USDT | 0.04776 | 0.0100 | get 0.0100% / 8h | 5h 04m | $829K | $266K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $62.23
- Price spread: −0.122% → 0.000%
- −$12.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $25.01
- Costs to cover
- 0.250%
- Break-even
- 4.2 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 58 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 Gate live order book, 58 min ago | 6.29 bp | 79.7 bp −$80 | 178.1 bp −$1,781 | 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 | −0.0196% | 1h | 0.04782 | long leg | $18K | $12K | 10x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04787 | +0.106% | $897K | $399K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04780 | −0.030% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04780 | −0.039% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04781 | −0.018% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTshort | +0.0100% | 8h | 0.04776 | −0.122% | $829K | $266K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04780 | −0.039% | $589K | $175K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04783 | +0.024% | $1.7M | $712K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04778 | −0.080% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04776 | −0.121% | $38K | $36K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0120% | 8h | 0.04784 | +0.045% | $170K | $43K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0893% | 8h | 0.04790 | +0.171% | $2.7M | $241K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
Gate IOTA_USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM