Funding you earn now, next payment 22:00 UTC−0.0769%/8h= −84.2% APRnext payment −$0.96 per $10,000 · paid last 24h −0.454%
Price spread now: Kraken Futures against Hyperliquid+0.018%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04796 | 0.0100 | pay 0.0013% / 1h | 0m 42s | $826K | $242K | 3x |
| Short | Kraken Futures PF_IOTAUSD | 0.04797 | −0.0669 | pay 0.0084% / 1h | 0m 42s | $18K | $16K | 10x |
Hyperliquid IOTA
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- −$161.46
- Price spread: +0.018% → 0.000%
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$178.66
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 19 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 Hyperliquid live order book, 19 min ago | 1.04 bp | 36.7 bp −$37 | 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 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 | −0.0669% | 1h | 0.04797 | +0.018% | $18K | $16K | 10x | |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04796 | long leg | $826K | $242K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04793 | −0.063% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04793 | −0.060% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04789 | −0.144% | $563K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04792 | −0.081% | $882K | $178K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04793 | −0.060% | $596K | $192K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04801 | +0.106% | $1.8M | $628K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04793 | −0.060% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04792 | −0.075% | $38K | $36K | — | as long as short |
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0109% | 8h | 0.04795 | −0.019% | $169K | $36K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0605% | 8h | 0.04803 | +0.148% | $2.7M | $223K | 30x | as long as short |
BloFin IOTA-USDT
KuCoin IOTAUSDTM