Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.6% APRnext payment −$0.39 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against BloFin−0.186%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.079%−$8 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 −$2 a day on $10k at the current rate, and Gate is 0.186% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IRYS-USDT | 0.01609 | 0.0178 | pay 0.0089% / 4h | 27m 14s | $99K | $19K | 20x |
| Short | Gate IRYS_USDT | 0.01606 | 0.0100 | get 0.0050% / 4h | 27m 14s | $242K | $11K | 20x |
BloFin IRYS-USDT
Gate IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$16.45
- Price spread: −0.186% → 0.000%
- −$18.65
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$62.09
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 24 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 Gate live order book, 24 min ago | 3.08 bp | 633.0 bp −$633 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01598 | −0.659% | $815K | $205K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01600 | −0.559% | $620K | $128K | 10x | as long as short |
| Gate IRYS_USDTshort | +0.0100% | 4h | 0.01606 | −0.186% | $242K | $11K | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01606 | −0.186% | $927K | $104K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01605 | −0.241% | $8K | $6 | — | as long as short |
| KuCoin IRYSUSDTM | +0.0110% | 4h | 0.01604 | −0.342% | $716K | $6.4M | 20x | as long as short |
| BingX IRYS-USDT | +0.0122% | 4h | 0.01604 | −0.311% | — | $1.3M | — | as long as short |
| Extended IRYS-USD | +0.0128% | 1h | 0.01603 | −0.400% | $3K | $83K | 5x | as long as short |
| MEXC IRYS_USDT | +0.0128% | 4h | 0.01607 | −0.124% | $246K | $98K | 20x | as long as short |
| Binance IRYSUSDT | +0.0130% | 4h | 0.01606 | −0.164% | $1.8M | $857K | 20x | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Bitget IRYSUSDT
Variational Omni IRYS
KuCoin IRYSUSDTM
BingX IRYS-USDT
Extended IRYS-USD
MEXC IRYS_USDT
Binance IRYSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDTlong | +0.0178% | 4h | 0.01609 | long leg | $99K | $19K | 20x | |
| Aster IRYSUSDT | +0.0812% | 4h | 0.01605 | −0.275% | $1K | $2K | 5x | as long as short |
Aster IRYSUSDT