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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0900%/8h= +98.6% APRpaid last 24h +0.306%
Price spread now: KuCoin against Kraken Futures+0.007%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.047950.0084pay 0.0010% / 1h7m 52s$19K$13K10x
ShortKuCoin IOTAUSDTM0.047950.0984get 0.0984% / 8h2h 07m$2.7M$235K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$189.06
Price spread: +0.007% → 0.000%
$0.73
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$167.78
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 4 min ago. 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 Kraken Futures no order-book sample
Sell KuCoin live order book, 4 min ago34.52 bp290.1 bp −$290doesn'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.

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
BloFin IOTA-USDT+0.0074%8h0.04788−0.139%$164K$43K75xas long as short
Kraken Futures PF_IOTAUSDlong+0.0084%1h0.04795long leg$19K$13K10x
Hyperliquid IOTA+0.0100%1h0.04798+0.070%$900K$330K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04795+0.007%$3.4M$5.9M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04790−0.097%$2.3M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04792−0.055%$558K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04791−0.076%$826K$260K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04794−0.014%$582K$175K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04803+0.174%$1.8M$723K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04791−0.076%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04779−0.333%$50K$31Kas long as short
KuCoin IOTAUSDTMshort+0.0984%8h0.04795+0.007%$2.7M$235K30x