Settings8H · net · $10k
Funding arb · Price arb /

IRYS

all IRYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Bitget against Binance−0.060%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2432.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.060%, 7d avg −0.063%
Together, before fees−0.085%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IRYSUSDT0.016040.0100pay 0.0050% / 4h1h 54m$1.8M$846K20x
ShortBitget IRYSUSDT0.016030.0100get 0.0050% / 4h1h 54m$913K$82K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: −0.060% → −0.063%
$0.34
Slippage, 4 orders
−$221.37
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$243.04
Costs to cover
2.434%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago6.24 bp74.1 bp −$741262.2 bp −$12.6Kdoesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago18.68 bp59.4 bp −$59559.7 bp −$5,597doesn't fitdoesn't fit

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
BloFin IRYS-USDT+0.0100%4h0.01602−0.122%$98K$19K20xas long as short
Binance IRYSUSDTlong+0.0100%4h0.01604long leg$1.8M$846K20x
OKX IRYS-USDT-SWAP+0.0100%4h0.01601−0.185%$612K$100K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01601−0.185%$240K$8K20xas long as short
MEXC IRYS_USDT+0.0100%4h0.01603−0.060%$251K$120K20xas long as short
Bitget IRYSUSDTshort+0.0100%4h0.01603−0.060%$913K$82K20x
Extended IRYS-USD+0.0104%1h0.01604−0.017%$753$110K5xas long as short
Variational Omni IRYS+0.0109%4h0.01597−0.408%$8K$1as long as short
KuCoin IRYSUSDTM+0.0132%4h0.01601−0.210%$674K$6.6M20xas long as short
Aster IRYSUSDT+0.0328%4h0.01601−0.205%$1K$5K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IRYS-USDT+0.1696%4h0.01600−0.247%$1.2Mas long as short
Bybit IRYSUSDT+0.1708%4h0.01599−0.309%$791K$150K20xas long as short