Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.184%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.184% dearer against Binance than usual: you sell high and buy low: +$18 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 | 0.01634 | 0.0367 | pay 0.0183% / 4h | 1h 14m | $1.8M | $723K | 20x |
| Short | BloFin IRYS-USDT | 0.01637 | 0.0412 | get 0.0206% / 4h | 1h 14m | $100K | $19K | 20x |
Binance IRYSUSDT
BloFin IRYS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $9.57
- Price spread: +0.184% → 0.000%
- $18.36
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $5.93
- Costs to cover
- 0.220%
- Break-even
- 2.7 days
Slippage unknown: Binance: live order book, 4 min ago; BloFin: 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, 4 min ago | 3.06 bp | 62.5 bp −$63 | 1106.1 bp −$11.1K | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01632 | −0.116% | $807K | $139K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01632 | −0.122% | $625K | $92K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01632 | −0.122% | $245K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01636 | +0.122% | $940K | $94K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01632 | −0.096% | $8K | $6 | — | as long as short |
| Binance IRYSUSDTlong | +0.0367% | 4h | 0.01634 | long leg | $1.8M | $723K | 20x | |
| Extended IRYS-USD | +0.0368% | 1h | 0.01634 | −0.026% | $5K | $86K | 5x | as long as short |
| MEXC IRYS_USDT | +0.0378% | 4h | 0.01634 | 0.000% | $253K | $110K | 20x | as long as short |
| BingX IRYS-USDT | +0.0398% | 4h | 0.01634 | 0.000% | — | $1.2M | — | as long as short |
| BloFin IRYS-USDTshort | +0.0412% | 4h | 0.01637 | +0.184% | $100K | $19K | 20x |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
Extended IRYS-USD
MEXC IRYS_USDT
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0518% | 4h | 0.01631 | −0.190% | $707K | $6.4M | 20x | as long as short |
| Aster IRYSUSDT | +0.0996% | 4h | 0.01631 | −0.209% | $1K | $2K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT