Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.062%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.062% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IRYS-USDT | 0.01618 | 0.0761 | pay 0.0380% / 4h | 2h 48m | $98K | $19K | 20x |
| Short | Binance IRYSUSDT | 0.01619 | 0.0781 | get 0.0391% / 4h | 2h 48m | $1.8M | $802K | 20x |
BloFin IRYS-USDT
Binance IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $4.33
- Price spread: +0.062% → 0.000%
- $6.18
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.49
- Costs to cover
- 0.220%
- Break-even
- 25.6 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 6.17 bp | 55.8 bp −$56 | 390.9 bp −$3,909 | doesn't fit | doesn't fit |
BloFin: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01614 | −0.247% | $617K | $99K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01612 | −0.371% | $242K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01617 | −0.062% | $927K | $90K | 20x | as long as short |
| Variational Omni IRYS | +0.0373% | 4h | 0.01606 | −0.742% | $8K | $6 | — | as long as short |
| Bybit IRYSUSDT | +0.0525% | 4h | 0.01613 | −0.340% | $797K | $162K | 20x | as long as short |
| BingX IRYS-USDT | +0.0754% | 4h | 0.01613 | −0.309% | — | $1.2M | — | as long as short |
| BloFin IRYS-USDTlong | +0.0761% | 4h | 0.01618 | long leg | $98K | $19K | 20x | |
| MEXC IRYS_USDT | +0.0772% | 4h | 0.01618 | 0.000% | $253K | $116K | 20x | as long as short |
| Extended IRYS-USD | +0.0776% | 1h | 0.01617 | −0.086% | $2K | $82K | 5x | as long as short |
| Binance IRYSUSDTshort | +0.0781% | 4h | 0.01619 | +0.062% | $1.8M | $802K | 20x |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
Bybit IRYSUSDT
BingX IRYS-USDT
MEXC IRYS_USDT
Extended IRYS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IRYSUSDT | +0.1243% | 4h | 0.01609 | −0.571% | $1K | $2K | 5x | as long as short |
| KuCoin IRYSUSDTM | +0.1336% | 4h | 0.01613 | −0.303% | $697K | $6.5M | 20x | as long as short |
Aster IRYSUSDT
KuCoin IRYSUSDTM