Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%
Price spread now: Extended against Binance−0.014%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$411as in the Funding arb table
Net, price: spread back to 7d avg − costs−$411as in the Price arb table
costs, in and out, $10k−$4134.133% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.014%, 7d avg −0.035%
=Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IRYSUSDT | 0.01600 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $1.8M | $823K | 20x |
| Short | Extended IRYS-USD | 0.01599 | 0.0104 | get 0.0013% / 1h | 11m 09s | $753 | $110K | 5x |
Binance IRYSUSDT
Extended IRYS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.014% → −0.035%
- $2.12
- Slippage, 4 orders
- −$398.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$410.34
- Costs to cover
- 4.133%
- Break-even
- 3426.5 days
Slippage from Binance: live order book, 8 min ago; Extended: live order book, 4 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, 8 min ago | 3.12 bp | 53.3 bp −$53 | 1105.9 bp −$11.1K | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 9.06 bp | 181.0 bp −$181 | doesn't fit | 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 | +0.0096% | 4h | 0.01599 | −0.031% | $96K | $19K | 20x | as long as short |
| Binance IRYSUSDTlong | +0.0100% | 4h | 0.01600 | long leg | $1.8M | $823K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01599 | −0.031% | $611K | $100K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01597 | −0.156% | $240K | $8K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01599 | −0.031% | $250K | $122K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01600 | +0.031% | $911K | $82K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01597 | −0.188% | $8K | $1 | — | as long as short |
| Extended IRYS-USDshort | +0.0104% | 1h | 0.01599 | −0.014% | $753 | $110K | 5x | |
| KuCoin IRYSUSDTM | +0.0148% | 4h | 0.01599 | −0.019% | $666K | $6.6M | 20x | as long as short |
| Aster IRYSUSDT | +0.0225% | 4h | 0.01598 | −0.125% | $1K | $5K | 5x | as long as short |
BloFin IRYS-USDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
MEXC IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
KuCoin IRYSUSDTM
Aster IRYSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IRYS-USDT | +0.0960% | 4h | 0.01597 | −0.156% | — | $1.2M | — | as long as short |
| Bybit IRYSUSDT | +0.1025% | 4h | 0.01594 | −0.338% | $787K | $153K | 20x | as long as short |
BingX IRYS-USDT
Bybit IRYSUSDT