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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IRYSUSDT | 0.01604 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $1.8M | $846K | 20x |
| Short | Bitget IRYSUSDT | 0.01603 | 0.0100 | get 0.0050% / 4h | 1h 54m | $913K | $82K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 6.24 bp | 74.1 bp −$74 | 1262.2 bp −$12.6K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 18.68 bp | 59.4 bp −$59 | 559.7 bp −$5,597 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0100% | 4h | 0.01602 | −0.122% | $98K | $19K | 20x | as long as short |
| Binance IRYSUSDTlong | +0.0100% | 4h | 0.01604 | long leg | $1.8M | $846K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01601 | −0.185% | $612K | $100K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01601 | −0.185% | $240K | $8K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01603 | −0.060% | $251K | $120K | 20x | as long as short |
| Bitget IRYSUSDTshort | +0.0100% | 4h | 0.01603 | −0.060% | $913K | $82K | 20x | |
| Extended IRYS-USD | +0.0104% | 1h | 0.01604 | −0.017% | $753 | $110K | 5x | as long as short |
| Variational Omni IRYS | +0.0109% | 4h | 0.01597 | −0.408% | $8K | $1 | — | as long as short |
| KuCoin IRYSUSDTM | +0.0132% | 4h | 0.01601 | −0.210% | $674K | $6.6M | 20x | as long as short |
| Aster IRYSUSDT | +0.0328% | 4h | 0.01601 | −0.205% | $1K | $5K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IRYS-USDT | +0.1696% | 4h | 0.01600 | −0.247% | — | $1.2M | — | as long as short |
| Bybit IRYSUSDT | +0.1708% | 4h | 0.01599 | −0.309% | $791K | $150K | 20x | as long as short |
Binance IRYSUSDT
Bitget IRYSUSDT
BloFin IRYS-USDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
MEXC IRYS_USDT
Extended IRYS-USD
Variational Omni IRYS
KuCoin IRYSUSDTM
Aster IRYSUSDT
BingX IRYS-USDT
Bybit IRYSUSDT