Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.213%
Price spread now: Bybit against Gate−0.006%7-day average −0.158% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.466%+$47 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.006%, 7d avg −0.158%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.151% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.158%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IRYS_USDT | 0.01633 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $245K | $8K | 20x |
| Short | Bybit IRYSUSDT | 0.01633 | 0.0100 | get 0.0050% / 4h | 1h 17m | $808K | $139K | 20x |
Gate IRYS_USDT
Bybit IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.006% → −0.158%
- $15.14
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$10.86
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 39 min ago; Bybit: live order book, 42 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 Gate live order book, 39 min ago | 3.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 42 min ago | 3.09 bp | 108.2 bp −$108 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IRYSUSDTshort | +0.0100% | 4h | 0.01633 | −0.006% | $808K | $139K | 20x | |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01632 | −0.061% | $625K | $92K | 10x | as long as short |
| Gate IRYS_USDTlong | +0.0100% | 4h | 0.01633 | long leg | $245K | $8K | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01638 | +0.306% | $942K | $93K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01634 | +0.034% | $8K | $6 | — | as long as short |
| Extended IRYS-USD | +0.0384% | 1h | 0.01635 | +0.094% | $5K | $86K | 5x | as long as short |
| Binance IRYSUSDT | +0.0388% | 4h | 0.01636 | +0.184% | $1.8M | $731K | 20x | as long as short |
| BloFin IRYS-USDT | +0.0391% | 4h | 0.01637 | +0.245% | $99K | $19K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0396% | 4h | 0.01635 | +0.122% | $253K | $110K | 20x | as long as short |
| BingX IRYS-USDT | +0.0402% | 4h | 0.01634 | +0.061% | — | $1.2M | — | as long as short |
OKX IRYS-USDT-SWAP
Bitget IRYSUSDT
Variational Omni IRYS
Extended IRYS-USD
Binance IRYSUSDT
BloFin IRYS-USDT
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 | +0.0552% | 4h | 0.01632 | −0.086% | $709K | $6.4M | 20x | as long as short |
| Aster IRYSUSDT | +0.1013% | 4h | 0.01629 | −0.223% | $1K | $2K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT