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−0.0917%/8h= −100.4% APRnext payment $4.59 per $10,000 · paid last 24h −0.137%
Price spread now: Bitget against Aster+0.425%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. Bitget is 0.425% dearer against Aster than usual: you sell high and buy low (spread +0.425% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IRYSUSDT0.016290.1017pay 0.0509% / 4h1h 20m$1K$2K5x
ShortBitget IRYSUSDT0.016360.0100get 0.0050% / 4h1h 20m$940K$94K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$192.58
Price spread: +0.425% → 0.000%
$42.5
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$170.08
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 40 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 Bitget live order book, 40 min ago6.18 bp57.2 bp −$57569.2 bp −$5,692doesn'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
Bybit IRYSUSDT+0.0100%4h0.01633+0.253%$808K$140K20xas long as short
OKX IRYS-USDT-SWAP+0.0100%4h0.01632+0.179%$625K$94K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01635+0.364%$245K$8K20xas long as short
Bitget IRYSUSDTshort+0.0100%4h0.01636+0.425%$940K$94K20x
Variational Omni IRYS+0.0100%4h0.01634+0.274%$8K$6as long as short
BloFin IRYS-USDT+0.0352%4h0.01633+0.241%$99K$19K20xas long as short
Binance IRYSUSDT+0.0399%4h0.01635+0.364%$1.8M$730K20xas long as short
Extended IRYS-USD+0.0408%1h0.01635+0.335%$5K$86K5xas long as short
MEXC IRYS_USDT+0.0408%4h0.01636+0.425%$253K$110K20xas long as short
BingX IRYS-USDT+0.0428%4h0.01633+0.241%$1.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IRYSUSDTM+0.0574%4h0.01631+0.149%$698K$6.4M20xas long as short
Aster IRYSUSDTlong+0.1017%4h0.01629long leg$1K$2K5x