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

IRYS

all IRYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0403%/8h= −44.2% APRnext payment $2.02 per $10,000 · paid last 24h −0.111%
Price spread now: Binance against Aster+0.386%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Binance is 0.386% dearer against Aster than usual: you sell high and buy low (spread +0.386% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IRYSUSDT0.016070.0832pay 0.0416% / 4h3h 43m$1K$5K5x
ShortBinance IRYSUSDT0.016140.0428get 0.0214% / 4h3h 43m$1.8M$792K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$84.71
Price spread: +0.386% → 0.000%
$38.6
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$64.12
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Binance: 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 Aster no order-book sample
Sell Binance live order book, 5 min ago3.11 bp59.9 bp −$60407.9 bp −$4,079doesn't fitdoesn't fit
Aster: 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.

IRYS 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
OKX IRYS-USDT-SWAP+0.0100%4h0.01609+0.099%$614K$100K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01603−0.274%$240K$8K20xas long as short
Bitget IRYSUSDT+0.0100%4h0.01607−0.025%$919K$83K20xas long as short
BloFin IRYS-USDT+0.0382%4h0.01611+0.224%$96K$19K20xas long as short
Extended IRYS-USD+0.0408%1h0.01611+0.224%$4K$113K5xas long as short
MEXC IRYS_USDT+0.0410%4h0.01611+0.224%$252K$117K20xas long as short
Bybit IRYSUSDT+0.0425%4h0.01609+0.093%$794K$155K20xas long as short
Binance IRYSUSDTshort+0.0428%4h0.01614+0.386%$1.8M$792K20x
Variational Omni IRYS+0.0498%4h0.01606−0.115%$8K$6as long as short
BingX IRYS-USDT+0.0540%4h0.01611+0.224%$1.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IRYSUSDTM+0.0712%4h0.01608+0.062%$679K$6.5M20xas long as short
Aster IRYSUSDTlong+0.0832%4h0.01607long leg$1K$5K5x