Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.133%
Price spread now: Extended against Bybit+0.161%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$898as in the Funding arb table
Net, price: spread back to 7d avg − costs−$861as in the Price arb table
costs, in and out, $10k−$8608.604% of the position
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.161%, 7d avg +0.164%
=Together, before fees−0.492%+ Points / potential airdropExtended: Active · farm board−$49 on $10k · with fees, hour by hour
| 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 | 2h 37m | $816K | $212K | 20x |
| Short | Extended IRYS-USD | 0.01598 | 0.0104 | get 0.0013% / 1h | 37m 33s | $3K | $177K | 5x |
Bybit IRYSUSDT
Extended IRYS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.161% → +0.164%
- −$0.31
- Slippage, 4 orders
- −$844.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$859.82
- Costs to cover
- 8.604%
- Break-even
- 7172.2 days
Slippage from Bybit: live order book, 7 min ago; Extended: live order book, 36 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, 7 min ago | 3.43 bp | 244.2 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 36 min ago | 7.47 bp | 205.2 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0063% | 4h | 0.01599 | +0.251% | $98K | $19K | 20x | as long as short |
| Binance IRYSUSDT | +0.0100% | 4h | 0.01599 | +0.278% | $1.8M | $895K | 20x | as long as short |
| Bybit IRYSUSDTlong | +0.0100% | 4h | 0.01595 | long leg | $816K | $212K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01596 | +0.063% | $617K | $123K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01596 | +0.063% | $241K | $12K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01598 | +0.188% | $245K | $88K | 20x | as long as short |
| KuCoin IRYSUSDTM | +0.0100% | 4h | 0.01597 | +0.138% | $703K | $6.2M | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01597 | +0.125% | $916K | $109K | 20x | as long as short |
| BingX IRYS-USDT | +0.0100% | 4h | 0.01595 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01597 | +0.094% | $8K | $6 | — | as long as short |
BloFin IRYS-USDT
Binance IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
MEXC IRYS_USDT
KuCoin IRYSUSDTM
Bitget IRYSUSDT
BingX IRYS-USDT
Variational Omni IRYSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IRYS-USDshort | +0.0104% | 1h | 0.01598 | +0.161% | $3K | $177K | 5x | |
| Aster IRYSUSDT | +0.0758% | 4h | 0.01597 | +0.107% | $1K | $2K | 5x | as long as short |
Aster IRYSUSDT