Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.167%
Price spread now: Bybit against Extended−0.253%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.383%+$38 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.253% cheaper against Extended than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.383%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IRYS-USD | 0.01608 | 0.0120 | pay 0.0015% / 1h | 28m 36s | $3K | $83K | 5x |
| Short | Bybit IRYSUSDT | 0.01604 | 0.0100 | get 0.0050% / 4h | 28m 36s | $817K | $205K | 20x |
Extended IRYS-USD
Bybit IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$4.2
- Price spread: −0.253% → 0.000%
- −$25.27
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.47
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 26 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 Bybit live order book, 26 min ago | 5.18 bp | 105.1 bp −$105 | doesn't fit | 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 IRYSUSDTshort | +0.0100% | 4h | 0.01604 | −0.253% | $817K | $205K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01609 | +0.052% | $621K | $128K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01606 | −0.135% | $242K | $11K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01607 | −0.072% | $928K | $104K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01605 | −0.189% | $8K | $6 | — | as long as short |
| BloFin IRYS-USDT | +0.0100% | 4h | 0.01609 | +0.052% | $99K | $19K | 20x | as long as short |
| KuCoin IRYSUSDTM | +0.0104% | 4h | 0.01605 | −0.197% | $714K | $6.4M | 20x | as long as short |
| BingX IRYS-USDT | +0.0114% | 4h | 0.01607 | −0.072% | — | $1.3M | — | as long as short |
| Extended IRYS-USDlong | +0.0120% | 1h | 0.01608 | long leg | $3K | $83K | 5x | |
| MEXC IRYS_USDT | +0.0122% | 4h | 0.01608 | −0.010% | $247K | $98K | 20x | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
BloFin IRYS-USDT
KuCoin IRYSUSDTM
BingX IRYS-USDT
MEXC IRYS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance IRYSUSDT | +0.0130% | 4h | 0.01609 | +0.052% | $1.8M | $854K | 20x | as long as short |
| Aster IRYSUSDT | +0.0805% | 4h | 0.01605 | −0.210% | $1K | $2K | 5x | as long as short |
Binance IRYSUSDT
Aster IRYSUSDT