Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h −0.173%
Price spread now: Kraken Futures against OKX+0.066%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—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.066% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOTA-USDT-SWAP | 0.04749 | 0.0100 | pay 0.0100% / 8h | 4h 35m | $552K | $1.4M | 20x |
| Short | Kraken Futures PF_IOTAUSD | 0.04752 | 0.0171 | get 0.0021% / 1h | 35m 15s | $18K | $12K | 10x |
OKX IOTA-USDT-SWAP
Kraken Futures PF_IOTAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $14.84
- Price spread: +0.066% → 0.000%
- $6.61
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1.46
- Costs to cover
- 0.200%
- Break-even
- 6.3 days
Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago | 3.17 bp | 23.8 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IOTA-USDT | +0.0071% | 8h | 0.04742 | −0.147% | $167K | $43K | 75x | as long as short |
| Hyperliquid IOTA | +0.0100% | 1h | 0.04758 | +0.187% | $893K | $384K | 3x | as long as short |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04758 | +0.195% | $3.4M | $6.0M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04755 | +0.126% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAPlong | +0.0100% | 8h | 0.04749 | long leg | $552K | $1.4M | 20x | |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04750 | +0.021% | $823K | $260K | 75x | as long as short |
| MEXC IOTA_USDT | +0.0100% | 8h | 0.04757 | +0.168% | $580K | $171K | 125x | as long as short |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04757 | +0.168% | $1.7M | $713K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04757 | +0.168% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04739 | −0.207% | $37K | $36K | — | as long as short |
BloFin IOTA-USDT
Hyperliquid IOTA
Binance IOTAUSDT
Bybit IOTAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSDshort | +0.0171% | 1h | 0.04752 | +0.066% | $18K | $12K | 10x | |
| KuCoin IOTAUSDTM | +0.0942% | 8h | 0.04762 | +0.274% | $2.7M | $241K | 30x | as long as short |
KuCoin IOTAUSDTM