Funding you earn now, next payment 04:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h +0.185%
Price spread now: Bybit against BloFin−0.056%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.385%+$39 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.056% cheaper against BloFin than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 46 hours of funding at the current rate (+$3 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IRYS-USDT | 0.01609 | 0.0497 | pay 0.0249% / 4h | 3h 40m | $96K | $19K | 20x |
| Short | Bybit IRYSUSDT | 0.01608 | 0.0595 | get 0.0298% / 4h | 3h 40m | $793K | $154K | 20x |
BloFin IRYS-USDT
Bybit IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $20.51
- Price spread: −0.056% → 0.000%
- −$5.59
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$8.08
- Costs to cover
- 0.230%
- Break-even
- 9.8 days
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 30 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 Bybit live order book, 30 min ago | 4.07 bp | 113.9 bp −$114 | doesn't fit | 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 | 0.01609 | 0.000% | $616K | $100K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01612 | +0.186% | $242K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01608 | −0.062% | $919K | $83K | 20x | as long as short |
| BingX IRYS-USDT | +0.0406% | 4h | 0.01612 | +0.186% | — | $1.2M | — | as long as short |
| MEXC IRYS_USDT | +0.0460% | 4h | 0.01613 | +0.249% | $253K | $118K | 20x | as long as short |
| Binance IRYSUSDT | +0.0462% | 4h | 0.01613 | +0.249% | $1.8M | $787K | 20x | as long as short |
| Extended IRYS-USD | +0.0464% | 1h | 0.01613 | +0.224% | $4K | $113K | 5x | as long as short |
| Variational Omni IRYS | +0.0480% | 4h | 0.01608 | −0.047% | $8K | $6 | — | as long as short |
| BloFin IRYS-USDTlong | +0.0497% | 4h | 0.01609 | long leg | $96K | $19K | 20x | |
| Bybit IRYSUSDTshort | +0.0595% | 4h | 0.01608 | −0.056% | $793K | $154K | 20x |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
BingX IRYS-USDT
MEXC IRYS_USDT
Binance IRYSUSDT
Extended IRYS-USD
Variational Omni IRYSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0754% | 4h | 0.01613 | +0.236% | $680K | $6.5M | 20x | as long as short |
| Aster IRYSUSDT | +0.0872% | 4h | 0.01611 | +0.134% | $1K | $5K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT