Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.168%
Price spread now: Binance against BingX+0.140%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2502.501% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 7 days−0.128%−$13 · spread now +0.140%, 7d avg +0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.070% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IRYS-USDT | 0.01620 | 0.0624 | pay 0.0312% / 4h | 2h 07m | — | $1.2M | — |
| Short | Binance IRYSUSDT | 0.01622 | 0.0626 | get 0.0313% / 4h | 2h 07m | $1.8M | $785K | 20x |
BingX IRYS-USDT
Binance IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $0.42
- Price spread: +0.140% → +0.070%
- $6.96
- Slippage, 4 orders
- −$230.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$242.69
- Costs to cover
- 2.501%
- Break-even
- 4011.7 days
Slippage from BingX: live order book, 4 min ago; Binance: live order book, 11 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 BingX live order book, 4 min ago | 9.23 bp | 60.1 bp −$60 | 369.1 bp −$3,691 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.07 bp | 63.2 bp −$63 | 448.7 bp −$4,487 | doesn't fit | doesn't fit |
IRYS on 11 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 | 0.01618 | −0.117% | $801K | $155K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01620 | 0.000% | $621K | $100K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01619 | −0.062% | $243K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01623 | +0.185% | $933K | $93K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01622 | +0.097% | $8K | $6 | — | as long as short |
| Extended IRYS-USD | +0.0624% | 1h | 0.01622 | +0.101% | $3K | $83K | 5x | as long as short |
| BingX IRYS-USDTlong | +0.0624% | 4h | 0.01620 | long leg | — | $1.2M | — | |
| Binance IRYSUSDTshort | +0.0626% | 4h | 0.01622 | +0.140% | $1.8M | $785K | 20x | |
| MEXC IRYS_USDT | +0.0636% | 4h | 0.01621 | +0.062% | $252K | $118K | 20x | as long as short |
| KuCoin IRYSUSDTM | +0.1082% | 4h | 0.01619 | −0.037% | $685K | $6.4M | 20x | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
Extended IRYS-USD
MEXC IRYS_USDT
KuCoin IRYSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IRYSUSDT | +0.1193% | 4h | 0.01622 | +0.148% | $1K | $2K | 5x | as long as short |
Aster IRYSUSDT