Funding you earn now, next payment 07:00 UTC−0.0618%/8h= −67.7% APRpaid last 24h −0.148%
Price spread now: Kraken Futures against MEXC−0.069%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—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.069% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04766 | 0.0100 | pay 0.0100% / 8h | 1h 38m | $570K | $174K | 125x |
| Short | Kraken Futures PF_IOTAUSD | 0.04763 | −0.0518 | pay 0.0065% / 1h | 38m 41s | $19K | $13K | 10x |
MEXC IOTA_USDT
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$129.83
- Price spread: −0.069% → 0.000%
- −$6.87
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$150.71
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 61 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 MEXC live order book, 61 min ago | 2.12 bp | 5.8 bp −$6 | 26.2 bp −$262 | 237.9 bp −$23.8K | 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 | −0.0518% | 1h | 0.04763 | −0.069% | $19K | $13K | 10x | |
| BloFin IOTA-USDT | +0.0097% | 8h | 0.04769 | +0.063% | $166K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04768 | +0.034% | $894K | $330K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04764 | −0.042% | $3.4M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04760 | −0.126% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04764 | −0.042% | $555K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04762 | −0.084% | $820K | $258K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04766 | long leg | $570K | $174K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04775 | +0.189% | $1.8M | $727K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04761 | −0.105% | — | $2.3M | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04772 | +0.129% | $50K | $32K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0904% | 8h | 0.04774 | +0.168% | $2.7M | $233K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM