Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.175%
Price spread now: Gate against Aster−0.139%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.139% cheaper against Aster than usual: you would sell low and buy high (−$14 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 | Aster IRYSUSDT | 0.01596 | 0.0800 | pay 0.0400% / 4h | 2h 00m | $1K | $2K | 5x |
| Short | Gate IRYS_USDT | 0.01594 | 0.0100 | get 0.0050% / 4h | 2h 00m | $240K | $15K | 20x |
Aster IRYSUSDT
Gate IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$146.96
- Price spread: −0.139% → 0.000%
- −$13.85
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.81
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Gate: 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 Gate live order book, 41 min ago | 9.37 bp | 8485.3 bp −$8,485 | 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 IRYSUSDT | +0.0100% | 4h | 0.01594 | −0.145% | $818K | $216K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01595 | −0.076% | $619K | $126K | 10x | as long as short |
| Gate IRYS_USDTshort | +0.0100% | 4h | 0.01594 | −0.139% | $240K | $15K | 20x | |
| KuCoin IRYSUSDTM | +0.0100% | 4h | 0.01596 | −0.007% | $710K | $6.1M | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01598 | +0.112% | $918K | $111K | 20x | as long as short |
| BingX IRYS-USDT | +0.0100% | 4h | 0.01596 | −0.013% | — | $1.3M | — | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01593 | −0.182% | $8K | $6 | — | as long as short |
| BloFin IRYS-USDT | +0.0132% | 4h | 0.01597 | +0.049% | $97K | $20K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0164% | 4h | 0.01598 | +0.112% | $245K | $90K | 20x | as long as short |
| Binance IRYSUSDT | +0.0165% | 4h | 0.01599 | +0.175% | $1.8M | $912K | 20x | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
KuCoin IRYSUSDTM
Bitget IRYSUSDT
BingX IRYS-USDT
Variational Omni IRYS
BloFin IRYS-USDT
MEXC IRYS_USDT
Binance IRYSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IRYS-USD | +0.0168% | 1h | 0.01598 | +0.083% | $304 | $181K | 5x | as long as short |
| Aster IRYSUSDTlong | +0.0800% | 4h | 0.01596 | long leg | $1K | $2K | 5x |
Extended IRYS-USD