IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.003%

Price spread now: Variational Omni against Binance−0.308%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.308% cheaper against Binance than usual: you would sell low and buy high (spread −0.308% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 7.3 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IRYSUSDT	0.01601	0.0100	pay 0.0050% / 4h	30m 12s	$1.8M	$813K	20x
Short	Variational Omni IRYS	0.01596	0.0242	get 0.0121% / 4h	30m 12s	$8K	$1	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.308%Rate

Funding earned: $29.75
Price spread: −0.308% → 0.000%: −$30.82
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.07
Costs to cover: 0.100%
Break-even: 9.6 days

Slippage unknown: Binance: live order book, 4 min ago; Variational Omni: 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	6.24 bp	66.5 bp −$67	1122.0 bp −$11.2K	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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
Binance IRYSUSDTlong	+0.0100%	4h	0.01601	long leg	$1.8M	$813K	20x
OKX IRYS-USDT-SWAP	+0.0100%	4h	0.01602	+0.091%	$613K	$103K	10x	as long as short
Gate IRYS_USDT	+0.0100%	4h	0.01599	−0.097%	$240K	$8K	20x	as long as short
MEXC IRYS_USDT	+0.0100%	4h	0.01600	−0.034%	$250K	$118K	20x	as long as short
Bitget IRYSUSDT	+0.0100%	4h	0.01600	−0.034%	$913K	$83K	20x	as long as short
Extended IRYS-USD	+0.0104%	1h	0.01600	−0.019%	$753	$110K	5x	as long as short
BloFin IRYS-USDT	+0.0151%	4h	0.01601	+0.028%	$97K	$19K	20x	as long as short
Variational Omni IRYSshort	+0.0242%	4h	0.01596	−0.308%	$8K	$1	—
KuCoin IRYSUSDTM	+0.0346%	4h	0.01600	−0.003%	$670K	$6.6M	20x	as long as short
Aster IRYSUSDT	+0.0358%	4h	0.01599	−0.081%	$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	+0.1120%	4h	0.01597	−0.222%	—	$1.2M	—	as long as short
Bybit IRYSUSDT	+0.1224%	4h	0.01595	−0.347%	$788K	$154K	20x	as long as short