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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 23:00 UTC−0.0899%/8h= −98.4% APRpaid last 24h −0.464%
Price spread now: Kraken Futures against BingX+0.171%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BingXShort 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 0.171% dearer against BingX than usual: you sell high and buy low (spread +0.171% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IOTA-USDT0.048010.0100pay 0.0100% / 8h1h 45m—$2.3M—
ShortKraken Futures PF_IOTAUSD0.04809−0.0799pay 0.0100% / 1h45m 13s$18K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
−$188.76
Price spread: +0.171% → 0.000%
$17.14
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$191.62
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 3 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 BingX live order book, 3 min ago5.21 bp18.7 bp −$1948.7 bp −$487403.9 bp −$40.4K518.9 bp −$259.4K
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−0.0799%1h0.04809+0.171%$18K$16K10x
BloFin IOTA-USDT+0.0092%8h0.04808+0.146%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04815+0.287%$830K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04801+0.009%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.048010.000%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04805+0.083%$564K$1.3M20xas long as short
Gate IOTA_USDT+0.0100%8h0.048010.000%$883K$174K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04803+0.042%$599K$183K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04808+0.146%$1.8M$645K50xas long as short
BingX IOTA-USDTlong+0.0100%8h0.04801long leg—$2.3M—
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04801−0.009%$38K$36K—as long as short
KuCoin IOTAUSDTM+0.0576%8h0.04811+0.208%$2.7M$223K30xas long as short