Funding you earn now, next payment 02:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.157%
Price spread now: BingX against Extended−0.159%7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.159%, 7d avg −0.063%
=Together, before fees+0.570%+ Points / potential airdropExtended: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.096% cheaper against Extended than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of −0.063%). If the spread goes back, that is −$10 on $10k: about 32 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.403% in total) that is about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IRYS-USD | 0.01620 | 0.0608 | pay 0.0076% / 1h | 6m 00s | $3K | $83K | 5x |
| Short | BingX IRYS-USDT | 0.01617 | 0.0618 | get 0.0309% / 4h | 2h 06m | — | $1.2M | — |
Extended IRYS-USD
BingX IRYS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $2.1
- Price spread: −0.159% → −0.063%
- −$9.63
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$22.53
- Costs to cover
- 0.150%
- Break-even
- 82.1 days
Slippage unknown: Extended: no order-book sample; BingX: live order book, 6 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 9.23 bp | 63.7 bp −$64 | 175.2 bp −$1,752 | doesn't fit | doesn't fit |
Extended: 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 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 IRYSUSDT | +0.0100% | 4h | 0.01617 | −0.178% | $800K | $146K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01620 | +0.026% | $621K | $99K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01616 | −0.221% | $243K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01621 | +0.087% | $932K | $92K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01617 | −0.140% | $8K | $6 | — | as long as short |
| Binance IRYSUSDT | +0.0605% | 4h | 0.01620 | +0.026% | $1.8M | $777K | 20x | as long as short |
| Extended IRYS-USDlong | +0.0608% | 1h | 0.01620 | long leg | $3K | $83K | 5x | |
| MEXC IRYS_USDT | +0.0614% | 4h | 0.01620 | +0.026% | $252K | $118K | 20x | as long as short |
| BingX IRYS-USDTshort | +0.0618% | 4h | 0.01617 | −0.159% | — | $1.2M | — | |
| KuCoin IRYSUSDTM | +0.1062% | 4h | 0.01617 | −0.135% | $685K | $6.4M | 20x | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
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 | +0.1175% | 4h | 0.01620 | +0.012% | $1K | $2K | 5x | as long as short |
Aster IRYSUSDT