Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.250%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,097as in the Price arb table
costs, in and out, $10k−$1,12511.254% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.347%−$35 · spread now +0.250%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.283% dearer against Gate than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IRYS_USDT | 0.01603 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $240K | $8K | 20x |
| Short | Bitget IRYSUSDT | 0.01607 | 0.0100 | get 0.0050% / 4h | 3h 44m | $919K | $83K | 20x |
Gate IRYS_USDT
Bitget IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: +0.250% → −0.033%
- $28.28
- Slippage, 4 orders
- −$1,098.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,097.08
- Costs to cover
- 11.254%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; Bitget: live order book, 26 min ago.
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 Gate live order book, 22 min ago | 6.26 bp | 506.1 bp −$506 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 3.12 bp | 35.6 bp −$36 | 310.3 bp −$3,103 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01603 | 0.000% | $614K | $100K | 10x | as long as short |
| Gate IRYS_USDTlong | +0.0100% | 4h | 0.01603 | long leg | $240K | $8K | 20x | |
| Bitget IRYSUSDTshort | +0.0100% | 4h | 0.01607 | +0.250% | $919K | $83K | 20x | |
| Bybit IRYSUSDT | +0.0336% | 4h | 0.01606 | +0.162% | $792K | $154K | 20x | as long as short |
| BloFin IRYS-USDT | +0.0382% | 4h | 0.01611 | +0.499% | $96K | $19K | 20x | as long as short |
| Extended IRYS-USD | +0.0408% | 1h | 0.01610 | +0.413% | $4K | $113K | 5x | as long as short |
| MEXC IRYS_USDT | +0.0410% | 4h | 0.01611 | +0.499% | $252K | $117K | 20x | as long as short |
| Binance IRYSUSDT | +0.0410% | 4h | 0.01610 | +0.437% | $1.8M | $793K | 20x | as long as short |
| Variational Omni IRYS | +0.0498% | 4h | 0.01606 | +0.159% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0540% | 4h | 0.01606 | +0.187% | — | $1.2M | — | as long as short |
OKX IRYS-USDT-SWAP
Bybit IRYSUSDT
BloFin IRYS-USDT
Extended IRYS-USD
MEXC IRYS_USDT
Binance IRYSUSDT
Variational Omni IRYS
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0696% | 4h | 0.01607 | +0.274% | $677K | $6.5M | 20x | as long as short |
| Aster IRYSUSDT | +0.0813% | 4h | 0.01607 | +0.268% | $1K | $5K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT