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

IRYS

all IRYS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0917%/8h= +100.4% APRnext payment +$4.59 per $10,000 · paid last 24h +0.137%
Price spread now: Aster against Gate−0.295%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.295% cheaper against Gate than usual: you would sell low and buy high (spread −0.295% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 26 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate IRYS_USDT0.016340.0100pay 0.0050% / 4h1h 20m$245K$8K20x
ShortAster IRYSUSDT0.016290.1017get 0.0509% / 4h1h 20m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$192.58
Price spread: −0.295% → 0.000%
−$29.52
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$140.06
Costs to cover
0.230%
Break-even
1.9 days
Slippage unknown: Gate: live order book, 36 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 36 min ago3.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit IRYSUSDT+0.0100%4h0.01633−0.043%$808K$140K20xas long as short
OKX IRYS-USDT-SWAP+0.0100%4h0.01632−0.122%$625K$94K10xas long as short
Gate IRYS_USDTlong+0.0100%4h0.01634long leg$245K$8K20x
Bitget IRYSUSDT+0.0100%4h0.01636+0.122%$940K$94K20xas long as short
Variational Omni IRYS+0.0100%4h0.01634−0.028%$8K$6as long as short
BloFin IRYS-USDT+0.0352%4h0.01633−0.061%$99K$19K20xas long as short
Binance IRYSUSDT+0.0399%4h0.01635+0.061%$1.8M$730K20xas long as short
Extended IRYS-USD+0.0400%1h0.01635+0.033%$5K$86K5xas long as short
MEXC IRYS_USDT+0.0408%4h0.01636+0.122%$253K$110K20xas long as short
BingX IRYS-USDT+0.0412%4h0.01633−0.061%$1.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IRYSUSDTM+0.0574%4h0.01631−0.153%$698K$6.4M20xas long as short
Aster IRYSUSDTshort+0.1017%4h0.01629−0.295%$1K$2K5x