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−0.0683%/8h= −74.8% APRnext payment $3.41 per $10,000 · paid last 24h −0.110%
Price spread now: MEXC against Aster+0.137%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. MEXC is 0.137% dearer against Aster than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IRYSUSDT0.016050.0805pay 0.0402% / 4h28m 04s$1K$2K5x
ShortMEXC IRYS_USDT0.016070.0122get 0.0061% / 4h28m 04s$246K$98K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$143.41
Price spread: +0.137% → 0.000%
$13.65
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$141.76
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 12 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 MEXC live order book, 12 min ago3.08 bp19.4 bp −$19153.5 bp −$1,535645.3 bp −$64.5Kdoesn'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%4h0.01602−0.175%$816K$205K20xas long as short
OKX IRYS-USDT-SWAP+0.0100%4h0.01605+0.012%$620K$128K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01606+0.074%$242K$11K20xas long as short
Bitget IRYSUSDT+0.0100%4h0.01607+0.137%$928K$104K20xas long as short
Variational Omni IRYS+0.0100%4h0.01605+0.019%$8K$6as long as short
BloFin IRYS-USDT+0.0100%4h0.01609+0.261%$99K$19K20xas long as short
KuCoin IRYSUSDTM+0.0104%4h0.01605+0.012%$715K$6.4M20xas long as short
BingX IRYS-USDT+0.0114%4h0.01607+0.137%$1.3Mas long as short
MEXC IRYS_USDTshort+0.0122%4h0.01607+0.137%$246K$98K20x
Extended IRYS-USD+0.0128%1h0.01607+0.148%$3K$83K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance IRYSUSDT+0.0130%4h0.01608+0.181%$1.8M$855K20xas long as short
Aster IRYSUSDTlong+0.0805%4h0.01605long leg$1K$2K5x