Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.146%
Price spread now: BloFin against Bybit+0.138%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.379%−$38 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.138% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.379%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IRYSUSDT | 0.01595 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $819K | $217K | 20x |
| Short | BloFin IRYS-USDT | 0.01597 | 0.0155 | get 0.0078% / 4h | 1h 58m | $97K | $20K | 20x |
Bybit IRYSUSDT
BloFin IRYS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $11.61
- Price spread: +0.138% → 0.000%
- $13.79
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $2.4
- Costs to cover
- 0.230%
- Break-even
- 5.6 days
Slippage unknown: Bybit: live order book, 46 min ago; BloFin: 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 Bybit live order book, 46 min ago | 3.43 bp | 244.2 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 IRYSUSDTlong | +0.0100% | 4h | 0.01595 | long leg | $819K | $217K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01597 | +0.138% | $619K | $126K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01595 | +0.013% | $240K | $15K | 20x | as long as short |
| KuCoin IRYSUSDTM | +0.0100% | 4h | 0.01597 | +0.163% | $708K | $6.1M | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01598 | +0.201% | $918K | $111K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01593 | −0.094% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0114% | 4h | 0.01598 | +0.201% | — | $1.3M | — | as long as short |
| BloFin IRYS-USDTshort | +0.0155% | 4h | 0.01597 | +0.138% | $97K | $20K | 20x | |
| Extended IRYS-USD | +0.0184% | 1h | 0.01599 | +0.265% | $304 | $181K | 5x | as long as short |
| MEXC IRYS_USDT | +0.0186% | 4h | 0.01599 | +0.263% | $245K | $87K | 20x | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
KuCoin IRYSUSDTM
Bitget IRYSUSDT
Variational Omni IRYS
BingX IRYS-USDT
Extended IRYS-USD
MEXC IRYS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance IRYSUSDT | +0.0205% | 4h | 0.01600 | +0.353% | $1.8M | $912K | 20x | as long as short |
| Aster IRYSUSDT | +0.0813% | 4h | 0.01597 | +0.138% | $1K | $2K | 5x | as long as short |
Binance IRYSUSDT
Aster IRYSUSDT