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: Hyperliquid against Kraken Futures−0.018%7-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—+ 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 | Kraken Futures PF_IOTAUSD | 0.04797 | −0.0669 | get 0.0084% / 1h | 0m 37s | $18K | $16K | 10x |
| Short | Hyperliquid IOTA | 0.04796 | 0.0100 | get 0.0013% / 1h | 0m 37s | $826K | $242K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 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 Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $140.66
- Costs to cover
- 0.190%
- Break-even
- 0.9 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 19 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 19 min ago | 1.04 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDlong | −0.0669% | 1h | 0.04797 | long leg | $18K | $16K | 10x | |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04796 | −0.018% | $826K | $242K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04793 | −0.081% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04793 | −0.079% | $2.2M | $1.3M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04789 | −0.162% | $563K | $1.3M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04792 | −0.099% | $882K | $178K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04793 | −0.079% | $596K | $192K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04801 | +0.088% | $1.8M | $628K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04793 | −0.079% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04792 | −0.093% | $38K | $36K | — | as long as short |
Show 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 | −0.037% | $169K | $36K | 75x | as long as short |
| KuCoin IOTAUSDTM | +0.0605% | 8h | 0.04803 | +0.130% | $2.7M | $223K | 30x | as long as short |
Kraken Futures PF_IOTAUSD
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
MEXC IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
BloFin IOTA-USDT
KuCoin IOTAUSDTM