Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.096%
Price spread now: KuCoin against BingX+0.025%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2882.883% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.210%+$21 · spread now +0.025%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IRYS-USDT | 0.01594 | 0.0282 | pay 0.0141% / 4h | 1h 06m | — | $1.3M | — |
| Short | KuCoin IRYSUSDTM | 0.01594 | 0.0100 | get 0.0050% / 4h | 1h 06m | $703K | $6.2M | 20x |
BingX IRYS-USDT
KuCoin IRYSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$38.22
- Price spread: +0.025% → +0.013%
- $1.18
- Slippage, 4 orders
- −$266.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$325.38
- Costs to cover
- 2.883%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 1 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, 6 min ago | 6.27 bp | 56.4 bp −$56 | 481.4 bp −$4,814 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 10.35 bp | 66.2 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01596 | +0.125% | $620K | $127K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01591 | −0.188% | $239K | $15K | 20x | as long as short |
| KuCoin IRYSUSDTMshort | +0.0100% | 4h | 0.01594 | +0.025% | $703K | $6.2M | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01597 | +0.188% | $917K | $111K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01592 | −0.147% | $8K | $6 | — | as long as short |
| Bybit IRYSUSDT | +0.0131% | 4h | 0.01592 | −0.119% | $822K | $217K | 20x | as long as short |
| BingX IRYS-USDTlong | +0.0282% | 4h | 0.01594 | long leg | — | $1.3M | — | |
| MEXC IRYS_USDT | +0.0284% | 4h | 0.01596 | +0.125% | $244K | $89K | 20x | as long as short |
| Extended IRYS-USD | +0.0288% | 1h | 0.01596 | +0.096% | $313 | $188K | 5x | as long as short |
| Binance IRYSUSDT | +0.0289% | 4h | 0.01596 | +0.125% | $1.8M | $920K | 20x | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
Bybit IRYSUSDT
MEXC IRYS_USDT
Extended IRYS-USD
Binance IRYSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0291% | 4h | 0.01596 | +0.125% | $97K | $20K | 20x | as long as short |
| Aster IRYSUSDT | +0.0891% | 4h | 0.01594 | −0.029% | $1K | $2K | 5x | as long as short |
BloFin IRYS-USDT
Aster IRYSUSDT