Settings8H · net · $10k
Funding arb · Price arb /

IRYS

all IRYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.060%
Price spread now: Gate against Extended+0.095%7-day average −0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.095%, 7d avg −0.018%
Together, before fees−0.148%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.113% dearer against Extended than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.018%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days. At the pace of the last 7 days (−0.103% in total) that is about 7.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IRYS-USD0.015720.0112pay 0.0014% / 1h31m 37s$3K$182K5x
ShortGate IRYS_USDT0.015730.0100get 0.0050% / 4h1h 31m$236K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.52
Price spread: +0.095% → −0.018%
$11.3
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$11.22
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 12 min ago; Gate: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 12 min ago6.97 bp119.3 bp −$1191228.8 bp −$12.3Kdoesn't fitdoesn't fit
Sell Gate live order book, 8 min ago12.66 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

IRYS on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit IRYSUSDT+0.0100%4h0.01570−0.096%$821K$229K20xas long as short
OKX IRYS-USDT-SWAP+0.0100%4h0.01572+0.031%$614K$123K10xas long as short
Gate IRYS_USDTshort+0.0100%4h0.01573+0.095%$236K$15K20x
KuCoin IRYSUSDTM+0.0100%4h0.01571−0.026%$698K$6.2M20xas long as short
Bitget IRYSUSDT+0.0100%4h0.01573+0.095%$900K$102K20xas long as short
Variational Omni IRYS+0.0100%4h0.01575+0.203%$8K$6as long as short
BloFin IRYS-USDT+0.0109%4h0.01574+0.158%$97K$20K20xas long as short
Extended IRYS-USDlong+0.0112%1h0.01572long leg$3K$182K5x
MEXC IRYS_USDT+0.0114%4h0.01573+0.095%$242K$103K20xas long as short
Binance IRYSUSDT+0.0116%4h0.01572+0.031%$1.8M$933K20xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IRYS-USDT+0.0154%4h0.01572+0.031%$1.2Mas long as short
Aster IRYSUSDT+0.0590%4h0.01573+0.072%$3K$4K5xas long as short