Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.249%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,154as in the Price arb table
costs, in and out, $10k−$1,12511.254% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.346%+$35 · spread now −0.249%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.282% cheaper against Bitget than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IRYSUSDT | 0.01607 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $919K | $83K | 20x |
| Short | Gate IRYS_USDT | 0.01603 | 0.0100 | get 0.0050% / 4h | 3h 44m | $240K | $8K | 20x |
Bitget IRYSUSDT
Gate IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.249% → +0.033%
- −$28.22
- Slippage, 4 orders
- −$1,098.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,153.59
- Costs to cover
- 11.254%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 26 min ago; Gate: live order book, 22 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 Bitget live order book, 26 min ago | 3.12 bp | 59.5 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 6.26 bp | 524.2 bp −$524 | 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 | 0.01603 | −0.249% | $614K | $100K | 10x | as long as short |
| Gate IRYS_USDTshort | +0.0100% | 4h | 0.01603 | −0.249% | $240K | $8K | 20x | |
| Bitget IRYSUSDTlong | +0.0100% | 4h | 0.01607 | long leg | $919K | $83K | 20x | |
| Bybit IRYSUSDT | +0.0304% | 4h | 0.01605 | −0.106% | $792K | $154K | 20x | as long as short |
| BloFin IRYS-USDT | +0.0382% | 4h | 0.01611 | +0.249% | $96K | $19K | 20x | as long as short |
| Extended IRYS-USD | +0.0408% | 1h | 0.01612 | +0.288% | $4K | $113K | 5x | as long as short |
| MEXC IRYS_USDT | +0.0410% | 4h | 0.01611 | +0.249% | $252K | $117K | 20x | as long as short |
| Binance IRYSUSDT | +0.0410% | 4h | 0.01612 | +0.311% | $1.8M | $794K | 20x | as long as short |
| Variational Omni IRYS | +0.0498% | 4h | 0.01606 | −0.090% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0540% | 4h | 0.01608 | +0.062% | — | $1.2M | — | as long as short |
OKX IRYS-USDT-SWAP
Bybit IRYSUSDT
BloFin IRYS-USDT
Extended IRYS-USD
MEXC IRYS_USDT
Binance IRYSUSDT
Variational Omni IRYS
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0680% | 4h | 0.01609 | +0.149% | $677K | $6.5M | 20x | as long as short |
| Aster IRYSUSDT | +0.0813% | 4h | 0.01607 | +0.018% | $1K | $5K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT