Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.046%
Price spread now: OKX against Extended+0.027%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−0.046%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. OKX is 0.027% dearer against Extended than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IRYS-USD | 0.01608 | 0.0128 | pay 0.0016% / 1h | 26m 34s | $3K | $83K | 5x |
| Short | OKX IRYS-USDT-SWAP | 0.01608 | 0.0100 | get 0.0050% / 4h | 26m 34s | $621K | $128K | 10x |
Extended IRYS-USD
OKX IRYS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.88
- Price spread: +0.027% → 0.000%
- $2.75
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$18.13
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; OKX: live order book, 29 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 OKX live order book, 29 min ago | 6.11 bp | 64.8 bp −$65 | 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 IRYSUSDT | +0.0100% | 4h | 0.01603 | −0.271% | $817K | $205K | 20x | as long as short |
| OKX IRYS-USDT-SWAPshort | +0.0100% | 4h | 0.01608 | +0.027% | $621K | $128K | 10x | |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01606 | −0.097% | $242K | $11K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01606 | −0.097% | $927K | $104K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01605 | −0.152% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0122% | 4h | 0.01608 | +0.027% | — | $1.3M | — | as long as short |
| Extended IRYS-USDlong | +0.0128% | 1h | 0.01608 | long leg | $3K | $83K | 5x | |
| MEXC IRYS_USDT | +0.0128% | 4h | 0.01608 | +0.027% | $247K | $98K | 20x | as long as short |
| Binance IRYSUSDT | +0.0130% | 4h | 0.01608 | +0.027% | $1.8M | $859K | 20x | as long as short |
| KuCoin IRYSUSDTM | +0.0134% | 4h | 0.01605 | −0.140% | $713K | $6.4M | 20x | as long as short |
Bybit IRYSUSDT
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
BingX IRYS-USDT
MEXC IRYS_USDT
Binance IRYSUSDT
KuCoin IRYSUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0178% | 4h | 0.01609 | +0.090% | $99K | $19K | 20x | as long as short |
| Aster IRYSUSDT | +0.0819% | 4h | 0.01603 | −0.256% | $1K | $2K | 5x | as long as short |
BloFin IRYS-USDT
Aster IRYSUSDT