IRYS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitIRYSUSDT	0.01768	+0.0100	pay 0.0050% / 4h	18m 09s	$2.7M	$2.8M	20x	Long Bybit
SHORT	Variational OmniIRYS	0.01763	+0.0100	get 0.0050% / 4h	18m 09s	$170K	$59K	50x	Short Variational Omni+15% pts

Price gap−0.311%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.196% under its 7d average: the price leg works against you, −$20 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$1430.0000% /8h now · paid +1.426% over the last 7D

Price−$20spread −0.311% now, avg −0.115% → −0.196% if it goes back

Costs−$1,17411.737% of $10k · taker + slippage, in and out

Result−$1,051−10.51%+ Points / potential airdropVariational Omni: points · farm board

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.311%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IRYS on 13 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size44.0 / 513.2 bp
At $10k entering Variational Omni costs 513.2 bp, fee and slippage, 11.7× Bybit’s.
Note: Margin at max leverage$500 + $200
Bybit 20x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.311% vs −0.115%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$170K vs $2.7M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCBybit Yes · Variational Omni No
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0679%/8h × 21 periods+$142.55

Price spread−0.311% → −0.115% (7d avg)−$19.63

Slippage, 4 orderslive order books−$1,162.68

Fee Bybit bp × 2 orders−$11.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$1,050.75

Costs to cover11.737%Break-even58.6 days

Slippage: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit1.4144.0 bp−$44687.0 bp−$6,870doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni14.18513.2 bp−$5131000.9 bp−$10.0Kdoesn’t fitdoesn’t fit

Closing costs about the same again.

IRYS news

posts that mention IRYS, from every exchange

11-06 09:40	AZverse	Listing	new market irys_usdt ($IRYS) seen by our collector
10-22 02:00	KuCoin	Other	24H Top 5 Gainers on #KuCoin (October 22, 2026) 1. IRYS - $0.02134 (+65.84%) 2. VAYLA - $0.09054 (+62.30%) 3. UNION - $0.0002886 (+59.90%) 4. IOST - $0.001673 (+56.69%) 5. QAIT - $0.001775 (+39.92%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗