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
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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04822 | 0.0100 | pay 0.0100% / 8h | 13m 19s | $600K | $183K | 125x |
| Short | Kraken Futures PF_IOTAUSD | 0.04824 | −0.0812 | pay 0.0102% / 1h | 13m 19s | $18K | $16K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 57 min ago | 3.11 bp | 9.9 bp −$10 | 20.2 bp −$202 | 215.1 bp −$21.5K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDshort | −0.0812% | 1h | 0.04824 | +0.051% | $18K | $16K | 10x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04827 | +0.100% | $839K | $240K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04824 | +0.041% | $3.5M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04826 | +0.083% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04819 | −0.062% | $559K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04824 | +0.041% | $885K | $176K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04822 | long leg | $600K | $183K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04832 | +0.207% | $1.8M | $697K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04822 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04825 | +0.058% | $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 | +0.0100% | 8h | 0.04824 | +0.041% | $169K | $36K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0698% | 8h | 0.04837 | +0.311% | $2.8M | $229K | 30x | as long as short |
MEXC IOTA_USDT
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM