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

IOTA

all IOTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1663%/8h= +182.1% APRpaid last 24h +0.299%
Price spread now: KuCoin against Kraken Futures+0.039%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 +$50 a day on $10k at the current rate, and KuCoin is 0.039% dearer against Kraken Futures than usual: you sell high and buy low: +$4 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_IOTAUSD0.04759−0.0888get 0.0111% / 1h31m 54s$19K$13K10x
ShortKuCoin IOTAUSDTM0.047610.0775get 0.0775% / 8h31m 54s$2.7M$228K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$349.23
Price spread: +0.039% → 0.000%
$3.95
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$331.18
Costs to cover
0.220%
Break-even
0.4 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago52.36 bp266.2 bp −$266doesn'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−0.0888%1h0.04759long leg$19K$13K10x
Hyperliquid IOTA+0.0100%1h0.04757−0.045%$892K$327K3xas long as short
Binance IOTAUSDT+0.0100%8h0.04759−0.008%$3.4M$5.8M75xas long as short
Bybit IOTAUSDT+0.0100%8h0.04756−0.066%$2.2M$1.5M75xas long as short
OKX IOTA-USDT-SWAP+0.0100%8h0.04750−0.192%$552K$1.4M20xas long as short
Gate IOTA_USDT+0.0100%8h0.04760+0.018%$820K$256K75xas long as short
MEXC IOTA_USDT+0.0100%8h0.04760+0.018%$584K$174K125xas long as short
Bitget IOTAUSDT+0.0100%8h0.04761+0.039%$1.8M$725K50xas long as short
BingX IOTA-USDT+0.0100%8h0.04758−0.024%$2.3Mas long as short
Variational Omni IOTA+0.0100%8h0.04758−0.033%$51K$33Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IOTA-USDT+0.0114%8h0.04770+0.229%$165K$43K75xas long as short
KuCoin IOTAUSDTMshort+0.0775%8h0.04761+0.039%$2.7M$228K30x