Funding you earn now, next payment 04:00 UTC−0.1062%/8h= −116.3% APRnext payment −$5.31 per $10,000 · paid last 24h −0.138%
Price spread now: OKX against Aster−0.110%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and OKX is 0.110% cheaper against Aster than usual: you would sell low and buy high (−$11 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 | 0.01620 | 0.1162 | pay 0.0581% / 4h | 2h 04m | $1K | $2K | 5x |
| Short | OKX IRYS-USDT-SWAP | 0.01618 | 0.0100 | get 0.0050% / 4h | 2h 04m | $620K | $98K | 10x |
Aster IRYSUSDT
OKX IRYS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$222.99
- Price spread: −0.110% → 0.000%
- −$10.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$251.98
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 61 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 OKX live order book, 61 min ago | 3.09 bp | 66.2 bp −$66 | 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 11 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 | 0.01617 | −0.184% | $800K | $145K | 20x | as long as short |
| OKX IRYS-USDT-SWAPshort | +0.0100% | 4h | 0.01618 | −0.110% | $620K | $98K | 10x | |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01616 | −0.233% | $243K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01621 | +0.075% | $932K | $92K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01617 | −0.152% | $8K | $6 | — | as long as short |
| MEXC IRYS_USDT | +0.0604% | 4h | 0.01620 | +0.014% | $252K | $118K | 20x | as long as short |
| Binance IRYSUSDT | +0.0605% | 4h | 0.01620 | +0.014% | $1.8M | $769K | 20x | as long as short |
| Extended IRYS-USD | +0.0608% | 1h | 0.01620 | −0.012% | $3K | $81K | 5x | as long as short |
| BingX IRYS-USDT | +0.0608% | 4h | 0.01617 | −0.172% | — | $1.2M | — | as long as short |
| KuCoin IRYSUSDTM | +0.1052% | 4h | 0.01619 | −0.054% | $685K | $6.4M | 20x | as long as short |
Bybit IRYSUSDT
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
MEXC IRYS_USDT
Binance IRYSUSDT
Extended IRYS-USD
BingX IRYS-USDT
KuCoin IRYSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IRYSUSDTlong | +0.1162% | 4h | 0.01620 | long leg | $1K | $2K | 5x |