Funding you earn now, next payment 02:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.178%
Price spread now: Kraken Futures against Gate−0.045%51s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Kraken Futures is 0.045% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOTA_USDT | 0.04803 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $878K | $177K | 75x |
| Short | Kraken Futures PF_IOTAUSD | 0.04801 | −0.0091 | pay 0.0011% / 1h | 19m 31s | $18K | $12K | 10x |
Gate IOTA_USDT
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$40.13
- Price spread: −0.045% → 0.000%
- −$4.48
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$69.62
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 47 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 Gate live order book, 47 min ago | 7.20 bp | 82.8 bp −$83 | doesn't fit | doesn't fit | 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 11 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 | −0.0091% | 1h | 0.04801 | −0.045% | $18K | $12K | 10x | |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04810 | +0.154% | $973K | $333K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04804 | +0.022% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04799 | −0.083% | $2.2M | $1.4M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04802 | −0.021% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDTlong | +0.0100% | 8h | 0.04803 | long leg | $878K | $177K | 75x | |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04803 | 0.000% | $591K | $177K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04808 | +0.104% | $1.7M | $729K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04801 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04804 | +0.013% | $38K | $36K | — | as long as short |
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0810% | 8h | 0.04807 | +0.083% | $2.8M | $241K | 30x | as long as short |
KuCoin IOTAUSDTM