IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.169%

Price spread now: BingX against BloFin−0.183%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.401%+$40 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.183% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.401%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IRYS-USDT	0.01637	0.0412	pay 0.0206% / 4h	1h 14m	$100K	$19K	20x
Short	BingX IRYS-USDT	0.01634	0.0398	get 0.0199% / 4h	1h 14m	—	$1.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now −0.183%Rate

Funding earned: −$2.98
Price spread: −0.183% → 0.000%: −$18.33
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$43.31
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; BingX: live order book, 6 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 BingX live order book, 6 min ago	9.18 bp	70.5 bp −$71	176.9 bp −$1,769	1369.5 bp −$136.9K	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
Bybit IRYSUSDT	+0.0100%	4h	0.01632	−0.299%	$807K	$139K	20x	as long as short
OKX IRYS-USDT-SWAP	+0.0100%	4h	0.01632	−0.305%	$625K	$92K	10x	as long as short
Gate IRYS_USDT	+0.0100%	4h	0.01632	−0.305%	$245K	$8K	20x	as long as short
Bitget IRYSUSDT	+0.0100%	4h	0.01636	−0.061%	$940K	$94K	20x	as long as short
Variational Omni IRYS	+0.0100%	4h	0.01632	−0.279%	$8K	$6	—	as long as short
Binance IRYSUSDT	+0.0367%	4h	0.01634	−0.183%	$1.8M	$723K	20x	as long as short
Extended IRYS-USD	+0.0368%	1h	0.01634	−0.209%	$5K	$86K	5x	as long as short
MEXC IRYS_USDT	+0.0378%	4h	0.01634	−0.183%	$253K	$110K	20x	as long as short
BingX IRYS-USDTshort	+0.0398%	4h	0.01634	−0.183%	—	$1.2M	—
BloFin IRYS-USDTlong	+0.0412%	4h	0.01637	long leg	$100K	$19K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IRYSUSDTM	+0.0518%	4h	0.01631	−0.373%	$707K	$6.4M	20x	as long as short
Aster IRYSUSDT	+0.0996%	4h	0.01631	−0.392%	$1K	$2K	5x	as long as short