IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.007%

Price spread now: Variational Omni against BloFin−0.294%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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.294% cheaper against BloFin than usual: you would sell low and buy high (spread −0.294% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 28 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IRYS-USDT	0.01613	0.0445	pay 0.0222% / 4h	3h 39m	$97K	$19K	20x
Short	Variational Omni IRYS	0.01608	0.0480	get 0.0240% / 4h	3h 39m	$8K	$6	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.294%Rate

Funding earned: $7.31
Price spread: −0.294% → 0.000%: −$29.44
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$34.14
Costs to cover: 0.120%
Break-even: 39.7 days

Slippage unknown: BloFin: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample	—	—	—	—	—

BloFin and Variational Omni: 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	−0.248%	$616K	$99K	10x	as long as short
Gate IRYS_USDT	+0.0100%	4h	0.01612	−0.062%	$242K	$8K	20x	as long as short
Bitget IRYSUSDT	+0.0100%	4h	0.01607	−0.372%	$919K	$83K	20x	as long as short
BingX IRYS-USDT	+0.0406%	4h	0.01612	−0.062%	—	$1.2M	—	as long as short
BloFin IRYS-USDTlong	+0.0445%	4h	0.01613	long leg	$97K	$19K	20x
MEXC IRYS_USDT	+0.0460%	4h	0.01612	−0.062%	$252K	$118K	20x	as long as short
Binance IRYSUSDT	+0.0463%	4h	0.01610	−0.186%	$1.8M	$785K	20x	as long as short
Extended IRYS-USD	+0.0464%	1h	0.01610	−0.210%	$4K	$113K	5x	as long as short
Variational Omni IRYSshort	+0.0480%	4h	0.01608	−0.294%	$8K	$6	—
Bybit IRYSUSDT	+0.0612%	4h	0.01605	−0.477%	$792K	$154K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IRYSUSDTM	+0.0762%	4h	0.01610	−0.211%	$680K	$6.5M	20x	as long as short
Aster IRYSUSDT	+0.0873%	4h	0.01611	−0.131%	$1K	$5K	5x	as long as short