Funding you earn now, next payment 03:00 UTC−0.0276%/8h= −30.2% APRpaid last 24h −0.011%
Price spread now: Variational Omni against Extended−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.130% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IRYS-USD | 0.01635 | 0.0376 | pay 0.0047% / 1h | 15m 31s | $5K | $86K | 5x |
| Short | Variational Omni IRYS | 0.01632 | 0.0100 | get 0.0050% / 4h | 1h 15m | $8K | $6 | — |
Extended IRYS-USD
Variational Omni IRYSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$57.96
- Price spread: −0.130% → 0.000%
- −$12.96
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$75.92
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample | — | — | — | — | — |
Extended and Variational Omni: 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 | 0.01632 | −0.174% | $807K | $139K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01632 | −0.156% | $625K | $92K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01633 | −0.095% | $245K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01637 | +0.150% | $941K | $94K | 20x | as long as short |
| Variational Omni IRYSshort | +0.0100% | 4h | 0.01632 | −0.130% | $8K | $6 | — | |
| BloFin IRYS-USDT | +0.0355% | 4h | 0.01637 | +0.150% | $100K | $19K | 20x | as long as short |
| Binance IRYSUSDT | +0.0367% | 4h | 0.01635 | +0.016% | $1.8M | $723K | 20x | as long as short |
| Extended IRYS-USDlong | +0.0376% | 1h | 0.01635 | long leg | $5K | $86K | 5x | |
| MEXC IRYS_USDT | +0.0378% | 4h | 0.01633 | −0.095% | $252K | $110K | 20x | as long as short |
| BingX IRYS-USDT | +0.0398% | 4h | 0.01633 | −0.095% | — | $1.2M | — | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
BloFin IRYS-USDT
Binance IRYSUSDT
MEXC IRYS_USDT
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0518% | 4h | 0.01632 | −0.174% | $711K | $6.4M | 20x | as long as short |
| Aster IRYSUSDT | +0.0996% | 4h | 0.01631 | −0.201% | $1K | $2K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT