Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.211%
Price spread now: Bitget against Bybit+0.266%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$3023.021% of the position
Funding, last 7 days−0.464%−$46 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.266%, 7d avg +0.127%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.139% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IRYSUSDT | 0.01618 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $800K | $155K | 20x |
| Short | Bitget IRYSUSDT | 0.01622 | 0.0100 | get 0.0050% / 4h | 2h 08m | $933K | $93K | 20x |
Bybit IRYSUSDT
Bitget IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $0
- Price spread: +0.266% → +0.127%
- $13.87
- Slippage, 4 orders
- −$279.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$288.27
- Costs to cover
- 3.021%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; Bitget: live order book, 58 min ago.
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 Bybit live order book, 57 min ago | 3.70 bp | 80.2 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 3.09 bp | 50.1 bp −$50 | 473.9 bp −$4,739 | doesn't fit | doesn't fit |
IRYS on 11 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 IRYSUSDTlong | +0.0100% | 4h | 0.01618 | long leg | $800K | $155K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01620 | +0.142% | $621K | $100K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01619 | +0.080% | $243K | $8K | 20x | as long as short |
| Bitget IRYSUSDTshort | +0.0100% | 4h | 0.01622 | +0.266% | $933K | $93K | 20x | |
| Variational Omni IRYS | +0.0100% | 4h | 0.01622 | +0.239% | $8K | $6 | — | as long as short |
| Extended IRYS-USD | +0.0624% | 1h | 0.01622 | +0.244% | $3K | $83K | 5x | as long as short |
| BingX IRYS-USDT | +0.0624% | 4h | 0.01619 | +0.080% | — | $1.2M | — | as long as short |
| Binance IRYSUSDT | +0.0626% | 4h | 0.01622 | +0.282% | $1.8M | $784K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0636% | 4h | 0.01621 | +0.204% | $252K | $118K | 20x | as long as short |
| KuCoin IRYSUSDTM | +0.1082% | 4h | 0.01622 | +0.241% | $686K | $6.4M | 20x | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Variational Omni IRYS
Extended IRYS-USD
BingX IRYS-USDT
Binance IRYSUSDT
MEXC IRYS_USDT
KuCoin IRYSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IRYSUSDT | +0.1193% | 4h | 0.01622 | +0.290% | $1K | $2K | 5x | as long as short |
Aster IRYSUSDT