Funding you earn now, next payment 04:00 UTC+0.0566%/8h= +62.0% APRnext payment +$2.83 per $10,000 · paid last 24h +0.111%
Price spread now: Aster against Binance+0.101%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
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Aster is 0.101% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IRYSUSDT | 0.01622 | 0.0626 | pay 0.0313% / 4h | 2h 08m | $1.8M | $784K | 20x |
| Short | Aster IRYSUSDT | 0.01624 | 0.1193 | get 0.0596% / 4h | 2h 08m | $1K | $2K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $118.96
- Price spread: +0.101% → 0.000%
- $10.12
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $111.09
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: Binance: live order book, 10 min ago; Aster: no order-book sample. 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 Binance live order book, 10 min ago | 3.07 bp | 63.1 bp −$63 | 1219.3 bp −$12.2K | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | 0.01618 | −0.259% | $800K | $155K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01619 | −0.185% | $620K | $100K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01619 | −0.185% | $243K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01622 | 0.000% | $933K | $93K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01622 | −0.027% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0624% | 4h | 0.01620 | −0.123% | — | $1.2M | — | as long as short |
| Binance IRYSUSDTlong | +0.0626% | 4h | 0.01622 | long leg | $1.8M | $784K | 20x | |
| MEXC IRYS_USDT | +0.0636% | 4h | 0.01622 | 0.000% | $252K | $118K | 20x | as long as short |
| Extended IRYS-USD | +0.0640% | 1h | 0.01621 | −0.086% | $3K | $83K | 5x | as long as short |
| KuCoin IRYSUSDTM | +0.1082% | 4h | 0.01620 | −0.154% | $685K | $6.4M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IRYSUSDTshort | +0.1193% | 4h | 0.01624 | +0.101% | $1K | $2K | 5x |
Binance IRYSUSDT
Aster IRYSUSDT
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
BingX IRYS-USDT
MEXC IRYS_USDT
Extended IRYS-USD
KuCoin IRYSUSDTM