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Funding arb · Price arb /

IOTA

all IOTA markets
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Alert: funding
Measured
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Alert: spread
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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 00:00 UTC+0.0912%/8h= +99.9% APRpaid last 24h +0.371%
Price spread now: MEXC against Kraken Futures−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on MEXC
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
Funding pays, the price is against you. MEXC is 0.051% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$27 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.04824−0.0812get 0.0102% / 1h13m 19s$18K$16K10x
ShortMEXC IOTA_USDT0.048220.0100get 0.0100% / 8h13m 19s$600K$183K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$191.57
Price spread: −0.051% → 0.000%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$172.42
Costs to cover
0.140%
Break-even
0.7 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 57 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 MEXC live order book, 57 min ago3.11 bp10.0 bp −$1026.3 bp −$263222.8 bp −$22.3Kdoesn'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
Kraken Futures PF_IOTAUSDlong−0.0812%1h0.04824long leg$18K$16K10x
Hyperliquid IOTA+0.0100%1h0.04827+0.048%$839K$240K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04824−0.010%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04826+0.031%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04819−0.114%$559K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04824−0.010%$885K$176K75xas long as short
MEXC IOTA_USDTshort+0.0100%8h0.04822−0.051%$600K$183K125x
Bitget IOTAUSDT+0.0100%8h0.04832+0.156%$1.8M$697K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04822−0.051%—$2.3M—as long as short
Variational Omni IOTA+0.0100%8h0.04825+0.007%$38K$36K—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0100%8h0.04824−0.010%$169K$36K75xas long as short
KuCoin IOTAUSDTM+0.0698%8h0.04837+0.259%$2.8M$229K30xas long as short