Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%
Price spread now: Binance against Extended−0.104%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$444as in the Price arb table
costs, in and out, $10k−$4314.306% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.104%, 7d avg +0.034%
=Together, before fees+0.173%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.138% cheaper against Extended than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IRYS-USD | 0.01600 | 0.0104 | pay 0.0013% / 1h | 27m 29s | $753 | $110K | 5x |
| Short | Binance IRYSUSDT | 0.01598 | 0.0100 | get 0.0050% / 4h | 27m 29s | $1.8M | $813K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: −0.104% → +0.034%
- −$13.8
- Slippage, 4 orders
- −$415.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$445.28
- Costs to cover
- 4.306%
- Break-even
- never at this rate
Slippage from Extended: live order book, 48 min ago; Binance: live order book, 6 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 Extended live order book, 48 min ago | 9.06 bp | 136.7 bp −$137 | 1234.3 bp −$12.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 6.24 bp | 46.4 bp −$46 | 424.4 bp −$4,244 | 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 | +0.0099% | 4h | 0.01601 | +0.084% | $97K | $19K | 20x | as long as short |
| Binance IRYSUSDTshort | +0.0100% | 4h | 0.01598 | −0.104% | $1.8M | $813K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01602 | +0.146% | $613K | $103K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01597 | −0.166% | $240K | $8K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01599 | −0.041% | $250K | $118K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01598 | −0.104% | $911K | $83K | 20x | as long as short |
| Extended IRYS-USDlong | +0.0104% | 1h | 0.01600 | long leg | $753 | $110K | 5x | |
| Variational Omni IRYS | +0.0242% | 4h | 0.01596 | −0.253% | $8K | $1 | — | as long as short |
| KuCoin IRYSUSDTM | +0.0332% | 4h | 0.01600 | +0.015% | $668K | $6.6M | 20x | as long as short |
| Aster IRYSUSDT | +0.0341% | 4h | 0.01597 | −0.148% | $1K | $5K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IRYS-USDT | +0.1158% | 4h | 0.01595 | −0.291% | — | $1.2M | — | as long as short |
| Bybit IRYSUSDT | +0.1211% | 4h | 0.01593 | −0.416% | $787K | $154K | 20x | as long as short |
Extended IRYS-USD
Binance IRYSUSDT
BloFin IRYS-USDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
MEXC IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
KuCoin IRYSUSDTM
Aster IRYSUSDT
BingX IRYS-USDT
Bybit IRYSUSDT