Settings8H · net · $10k
Funding arb · Price arb /

IRYS

all IRYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.151%
Price spread now: Extended against BingX−0.029%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.398%−$40 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.029% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IRYS-USDT0.016350.0398pay 0.0199% / 4h1h 16m$1.2M
ShortExtended IRYS-USD0.016350.0376get 0.0047% / 1h16m 09s$5K$86K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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

Funding earned
−$4.62
Price spread: −0.029% → 0.000%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.47
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago9.18 bp57.3 bp −$57427.3 bp −$4,273doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit IRYSUSDT+0.0100%4h0.01633−0.110%$808K$139K20xas long as short
OKX IRYS-USDT-SWAP+0.0100%4h0.01632−0.183%$625K$92K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01633−0.122%$245K$8K20xas long as short
Bitget IRYSUSDT+0.0100%4h0.01638+0.183%$942K$93K20xas long as short
Variational Omni IRYS+0.0100%4h0.01634−0.089%$8K$6as long as short
BloFin IRYS-USDT+0.0355%4h0.01637+0.122%$100K$19K20xas long as short
Extended IRYS-USDshort+0.0376%1h0.01635−0.029%$5K$86K5x
Binance IRYSUSDT+0.0378%4h0.01636+0.061%$1.8M$725K20xas long as short
MEXC IRYS_USDT+0.0386%4h0.016350.000%$253K$110K20xas long as short
BingX IRYS-USDTlong+0.0398%4h0.01635long leg$1.2M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IRYSUSDTM+0.0528%4h0.01632−0.190%$711K$6.4M20xas long as short
Aster IRYSUSDT+0.1001%4h0.01630−0.282%$1K$2K5xas long as short