Funding you earn now, next payment 04:00 UTC−0.0918%/8h= −100.5% APRnext payment −$4.59 per $10,000 · paid last 24h +0.076%
Price spread now: Bybit against Aster+0.210%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.210% dearer against Aster than usual: you sell high and buy low (spread +0.210% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster IRYSUSDT | 0.01629 | 0.1018 | pay 0.0509% / 4h | 1h 18m | $1K | $2K | 5x |
| Short | Bybit IRYSUSDT | 0.01632 | 0.0100 | get 0.0050% / 4h | 1h 18m | $808K | $140K | 20x |
Aster IRYSUSDT
Bybit IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$192.69
- Price spread: +0.210% → 0.000%
- $21
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$190.69
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 41 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 41 min ago | 3.09 bp | 108.2 bp −$108 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit IRYSUSDTshort | +0.0100% | 4h | 0.01632 | +0.210% | $808K | $140K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01632 | +0.192% | $625K | $94K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01633 | +0.253% | $245K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01636 | +0.437% | $940K | $94K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01634 | +0.287% | $8K | $6 | — | as long as short |
| BloFin IRYS-USDT | +0.0391% | 4h | 0.01637 | +0.499% | $99K | $19K | 20x | as long as short |
| Binance IRYSUSDT | +0.0398% | 4h | 0.01634 | +0.314% | $1.8M | $730K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0398% | 4h | 0.01634 | +0.314% | $253K | $110K | 20x | as long as short |
| Extended IRYS-USD | +0.0400% | 1h | 0.01634 | +0.287% | $5K | $86K | 5x | as long as short |
| BingX IRYS-USDT | +0.0402% | 4h | 0.01634 | +0.314% | — | $1.2M | — | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
BloFin IRYS-USDT
Binance IRYSUSDT
MEXC IRYS_USDT
Extended IRYS-USD
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0562% | 4h | 0.01632 | +0.210% | $699K | $6.4M | 20x | as long as short |
| Aster IRYSUSDTlong | +0.1018% | 4h | 0.01629 | long leg | $1K | $2K | 5x |
KuCoin IRYSUSDTM