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Funding arb · Price arb /

IOTA

all IOTA markets
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Alert: funding
Measured
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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.

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: Kraken Futures against OKX+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on OKXShort on Kraken Futures
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
The price spread pays, funding is against you. Kraken Futures is 0.087% dearer against OKX than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IOTA-USDT-SWAP0.048190.0100pay 0.0100% / 8h14m 21s$559K$1.4M20x
ShortKraken Futures PF_IOTAUSD0.04823−0.0812pay 0.0102% / 1h14m 21s$18K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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
−$191.61
Price spread: +0.087% → 0.000%
$8.69
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$202.92
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago3.11 bp20.5 bp −$214093.8 bp −$40.9Kdoesn't fitdoesn'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%1h0.04823+0.087%$18K$16K10x
BloFin IOTA-USDT+0.0098%8h0.04824+0.104%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04826+0.154%$839K$240K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04814−0.100%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04816−0.062%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAPlong+0.0100%8h0.04819long leg$559K$1.4M20x
Gate IOTA_USDT+0.0100%8h0.04820+0.021%$884K$176K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04820+0.021%$600K$183K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04828+0.187%$1.8M$697K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04822+0.062%—$2.3M—as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04825+0.120%$38K$36K—as long as short
KuCoin IOTAUSDTM+0.0701%8h0.04829+0.208%$2.7M$227K30xas long as short