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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.1218%/8h= −133.4% APRpaid last 24h +0.124%
Price spread now: Variational Omni against Kraken Futures−0.530%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Variational Omni is 0.530% cheaper against Kraken Futures than usual: you would sell low and buy high (−$53 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.047560.1318pay 0.0165% / 1h46m 50s$14K$29K10x
ShortVariational Omni IOTA0.047310.0100get 0.0100% / 8h5h 46m$51K$31K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$255.78
Price spread: −0.530% → 0.000%
−$52.97
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$318.76
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
Kraken Futures and Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0099%8h0.04731−0.536%$163K$42K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04736−0.439%$887K$320K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04737−0.410%$3.4M$5.5M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04732−0.515%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04731−0.536%$541K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04732−0.515%$820K$248K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04736−0.431%$576K$167K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04737−0.410%$1.8M$692K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04733−0.494%$2.3Mas long as short
Variational Omni IOTAshort+0.0100%8h0.04731−0.530%$51K$31K
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IOTAUSDTM+0.0808%8h0.04741−0.326%$2.7M$155K30xas long as short
Kraken Futures PF_IOTAUSDlong+0.1318%1h0.04756long leg$14K$29K10x