Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.127%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2292.294% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.127%, 7d avg −0.104%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IRYSUSDT | 0.01580 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $907K | $110K | 20x |
| Short | OKX IRYS-USDT-SWAP | 0.01578 | 0.0100 | get 0.0050% / 4h | 3h 39m | $618K | $135K | 10x |
Bitget IRYSUSDT
OKX IRYS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.127% → −0.104%
- −$2.27
- Slippage, 4 orders
- −$207.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$231.72
- Costs to cover
- 2.294%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; OKX: live order book, 57 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, 56 min ago | 6.28 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 57 min ago | 6.30 bp | 51.4 bp −$51 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01576 | −0.253% | $825K | $227K | 20x | as long as short |
| OKX IRYS-USDT-SWAPshort | +0.0100% | 4h | 0.01578 | −0.127% | $618K | $135K | 10x | |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01581 | +0.063% | $237K | $15K | 20x | as long as short |
| Bitget IRYSUSDTlong | +0.0100% | 4h | 0.01580 | long leg | $907K | $110K | 20x | |
| Variational Omni IRYS | +0.0100% | 4h | 0.01577 | −0.159% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0488% | 4h | 0.01579 | −0.063% | — | $1.2M | — | as long as short |
| KuCoin IRYSUSDTM | +0.0498% | 4h | 0.01579 | −0.038% | $692K | $6.3M | 20x | as long as short |
| BloFin IRYS-USDT | +0.0524% | 4h | 0.01582 | +0.127% | $97K | $20K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0534% | 4h | 0.01580 | 0.000% | $251K | $102K | 20x | as long as short |
| Binance IRYSUSDT | +0.0541% | 4h | 0.01581 | +0.063% | $1.8M | $933K | 20x | as long as short |
Bybit IRYSUSDT
Gate IRYS_USDT
Variational Omni IRYS
BingX IRYS-USDT
KuCoin IRYSUSDTM
BloFin IRYS-USDT
MEXC IRYS_USDT
Binance IRYSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IRYS-USD | +0.0544% | 1h | 0.01581 | +0.036% | $728 | $184K | 5x | as long as short |
| Aster IRYSUSDT | +0.1205% | 4h | 0.01580 | 0.000% | $2K | $3K | 5x | as long as short |
Extended IRYS-USD
Aster IRYSUSDT