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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0912%/8h= −99.9% APRpaid last 24h −0.371%
Price spread now: Kraken Futures against MEXC+0.051%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 pays, funding is against you. Kraken Futures is 0.051% dearer against MEXC than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IOTA_USDT0.048220.0100pay 0.0100% / 8h13m 19s$600K$183K125x
ShortKraken Futures PF_IOTAUSD0.04824−0.0812pay 0.0102% / 1h13m 19s$18K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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 MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$200.42
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 57 min ago; Kraken Futures: 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 MEXC live order book, 57 min ago3.11 bp9.9 bp −$1020.2 bp −$202215.1 bp −$21.5Kdoesn't fit
Sell Kraken Futures no order-book sample
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_IOTAUSDshort−0.0812%1h0.04824+0.051%$18K$16K10x
Hyperliquid IOTA+0.0100%1h0.04827+0.100%$839K$240K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04824+0.041%$3.5M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04826+0.083%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04819−0.062%$559K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04824+0.041%$885K$176K75xas long as short
MEXC IOTA_USDTlong+0.0100%8h0.04822long leg$600K$183K125x
Bitget IOTAUSDT+0.0100%8h0.04832+0.207%$1.8M$697K50xas long as short
BingX IOTA-USDT+0.0100%8h0.048220.000%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04825+0.058%$38K$36Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0100%8h0.04824+0.041%$169K$36K75xas long as short
KuCoin IOTAUSDTM+0.0698%8h0.04837+0.311%$2.8M$229K30xas long as short