Funding you earn now, next payment 03:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.044%
Price spread now: Bitget against Extended+0.151%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−0.082%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bitget is 0.151% dearer against Extended than usual: you sell high and buy low (spread +0.151% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.082% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IRYS-USD | 0.01636 | 0.0384 | pay 0.0048% / 1h | 17m 34s | $5K | $86K | 5x |
| Short | Bitget IRYSUSDT | 0.01638 | 0.0100 | get 0.0050% / 4h | 1h 17m | $942K | $93K | 20x |
Extended IRYS-USD
Bitget IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$59.64
- Price spread: +0.151% → 0.000%
- $15.08
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.56
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: live order book, 43 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 Bitget live order book, 43 min ago | 6.18 bp | 57.2 bp −$57 | 569.2 bp −$5,692 | 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 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 IRYSUSDT | +0.0100% | 4h | 0.01633 | −0.143% | $808K | $139K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01632 | −0.216% | $625K | $92K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01634 | −0.094% | $245K | $8K | 20x | as long as short |
| Bitget IRYSUSDTshort | +0.0100% | 4h | 0.01638 | +0.151% | $942K | $93K | 20x | |
| Variational Omni IRYS | +0.0100% | 4h | 0.01634 | −0.121% | $8K | $6 | — | as long as short |
| Extended IRYS-USDlong | +0.0384% | 1h | 0.01636 | long leg | $5K | $86K | 5x | |
| MEXC IRYS_USDT | +0.0386% | 4h | 0.01637 | +0.090% | $253K | $110K | 20x | as long as short |
| Binance IRYSUSDT | +0.0388% | 4h | 0.01636 | +0.028% | $1.8M | $728K | 20x | as long as short |
| BloFin IRYS-USDT | +0.0391% | 4h | 0.01637 | +0.090% | $99K | $19K | 20x | as long as short |
| BingX IRYS-USDT | +0.0398% | 4h | 0.01633 | −0.155% | — | $1.2M | — | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Variational Omni IRYS
MEXC IRYS_USDT
Binance IRYSUSDT
BloFin IRYS-USDT
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0540% | 4h | 0.01631 | −0.253% | $708K | $6.4M | 20x | as long as short |
| Aster IRYSUSDT | +0.1004% | 4h | 0.01630 | −0.308% | $1K | $2K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT