IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h +0.042%

Price spread now: KuCoin against BloFin+0.241%50s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.388%+$39 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. KuCoin is 0.241% dearer against BloFin than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.388%, so the current rate has only just turned against you. The two prices were read 50 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	0.01575	0.0336	pay 0.0168% / 4h	20m 20s	$97K	$20K	20x
Short	KuCoin IRYSUSDTM	0.01579	0.0110	get 0.0055% / 4h	20m 20s	$694K	$6.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KuCoinbpOrdersPrice spread, now +0.241%Rate

Funding earned: −$47.39
Price spread: +0.241% → 0.000%: $24.13
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.27
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago	10.13 bp	56.3 bp −$56	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	0.01575	0.000%	$820K	$226K	20x	as long as short
OKX IRYS-USDT-SWAP	+0.0100%	4h	0.01575	0.000%	$615K	$131K	10x	as long as short
Gate IRYS_USDT	+0.0100%	4h	0.01577	+0.127%	$237K	$16K	20x	as long as short
Bitget IRYSUSDT	+0.0100%	4h	0.01577	+0.127%	$906K	$111K	20x	as long as short
Variational Omni IRYS	+0.0104%	4h	0.01573	−0.113%	$8K	$6	—	as long as short
KuCoin IRYSUSDTMshort	+0.0110%	4h	0.01579	+0.241%	$694K	$6.3M	20x
Binance IRYSUSDT	+0.0273%	4h	0.01580	+0.298%	$1.8M	$933K	20x	as long as short
Extended IRYS-USD	+0.0280%	1h	0.01577	+0.156%	$1K	$186K	5x	as long as short
MEXC IRYS_USDT	+0.0280%	4h	0.01579	+0.254%	$255K	$102K	20x	as long as short
BingX IRYS-USDT	+0.0300%	4h	0.01578	+0.190%	—	$1.3M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IRYS-USDTlong	+0.0336%	4h	0.01575	long leg	$97K	$20K	20x
Aster IRYSUSDT	+0.0874%	4h	0.01577	+0.127%	$1K	$3K	5x	as long as short