Settings8H · net · $10k
Funding arb · Price arb /

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0901%/8h= +98.6% APRpaid last 24h +0.464%
Price spread now: Gate against Kraken Futures+0.103%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Gate is 0.103% dearer against Kraken Futures than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IOTAUSD0.04799−0.0801get 0.0100% / 1h47m 39s$18K$16K10x
ShortGate IOTA_USDT0.048040.0100get 0.0100% / 8h1h 47m$884K$174K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
$189.12
Price spread: +0.103% → 0.000%
$10.34
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$174.46
Costs to cover
0.250%
Break-even
0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 34 min ago. 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 Kraken Futures no order-book sample
Sell Gate live order book, 34 min ago7.27 bp128.5 bp −$128doesn't fitdoesn't fitdoesn't fit
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_IOTAUSDlong−0.0801%1h0.04799long leg$18K$16K10x
BloFin IOTA-USDT+0.0081%8h0.04801+0.041%$169K$36K75xas long as short
Hyperliquid IOTA+0.0100%1h0.04805+0.130%$828K$239K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04803+0.083%$3.4M$5.7M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04802+0.062%$2.2M$1.3M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04800+0.020%$563K$1.3M20xas long as short
Gate IOTA_USDTshort+0.0100%8h0.04804+0.103%$884K$174K75x
MEXC IOTA_USDT+0.0100%8h0.04802+0.062%$599K$183K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04808+0.187%$1.8M$645K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04801+0.041%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IOTA+0.0100%8h0.04795−0.082%$38K$36Kas long as short
KuCoin IOTAUSDTM+0.0580%8h0.04806+0.145%$2.7M$223K30xas long as short