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: Gate against Binance−0.125%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,155as in the Price arb table
costs, in and out, $10k−$1,14511.449% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.125%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.099% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.026%.
| 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 | 32m 32s | $1.8M | $814K | 20x |
| Short | Gate IRYS_USDT | 0.01598 | 0.0100 | get 0.0050% / 4h | 32m 32s | $240K | $8K | 20x |
Binance IRYSUSDT
Gate IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.125% → −0.026%
- −$9.86
- Slippage, 4 orders
- −$1,119.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,154.74
- Costs to cover
- 11.449%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 39 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, 16 min ago | 3.11 bp | 61.1 bp −$61 | 1146.4 bp −$11.5K | doesn't fit | doesn't fit |
| Sell Gate live order book, 39 min ago | 9.38 bp | 547.2 bp −$547 | 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 | +0.0050% | 4h | 0.01601 | +0.062% | $96K | $19K | 20x | as long as short |
| Binance IRYSUSDTlong | +0.0100% | 4h | 0.01600 | long leg | $1.8M | $814K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01602 | +0.125% | $613K | $103K | 10x | as long as short |
| Gate IRYS_USDTshort | +0.0100% | 4h | 0.01598 | −0.125% | $240K | $8K | 20x | |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01600 | 0.000% | $250K | $118K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01601 | +0.062% | $913K | $83K | 20x | as long as short |
| Extended IRYS-USD | +0.0104% | 1h | 0.01600 | −0.019% | $753 | $110K | 5x | as long as short |
| Variational Omni IRYS | +0.0178% | 4h | 0.01596 | −0.236% | $8K | $1 | — | as long as short |
| KuCoin IRYSUSDTM | +0.0366% | 4h | 0.01601 | +0.069% | $672K | $6.6M | 20x | as long as short |
| Aster IRYSUSDT | +0.0373% | 4h | 0.01599 | −0.042% | $1K | $5K | 5x | as long as short |
BloFin IRYS-USDT
OKX IRYS-USDT-SWAP
MEXC IRYS_USDT
Bitget IRYSUSDT
Extended IRYS-USD
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 | +0.1142% | 4h | 0.01598 | −0.125% | — | $1.2M | — | as long as short |
| Bybit IRYSUSDT | +0.1207% | 4h | 0.01596 | −0.275% | $788K | $154K | 20x | as long as short |
BingX IRYS-USDT
Bybit IRYSUSDT