Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against Gate−0.093%7-day average −0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.475%+$48 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.093%, 7d avg −0.068%
=Funding pays, the price is against you. KuCoin is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.068%). If the spread goes back, that is −$3 on $10k: about 3.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.475% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IRYS_USDT | 0.01610 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $242K | $11K | 20x |
| Short | KuCoin IRYSUSDTM | 0.01608 | 0.0124 | get 0.0062% / 4h | 3h 30m | $705K | $6.2M | 20x |
Gate IRYS_USDT
KuCoin IRYSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $5.04
- Price spread: −0.093% → −0.068%
- −$2.53
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$24.49
- Costs to cover
- 0.270%
- Break-even
- 41.0 days
Slippage unknown: Gate: live order book, 16 min ago; KuCoin: live order book, 2 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, 16 min ago | 6.18 bp | 321.1 bp −$321 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 15.55 bp | 70.8 bp −$71 | 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 IRYSUSDT | +0.0100% | 4h | 0.01606 | −0.273% | $821K | $210K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01607 | −0.186% | $621K | $127K | 10x | as long as short |
| Gate IRYS_USDTlong | +0.0100% | 4h | 0.01610 | long leg | $242K | $11K | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01611 | +0.062% | $924K | $108K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01605 | −0.337% | $8K | $6 | — | as long as short |
| KuCoin IRYSUSDTMshort | +0.0124% | 4h | 0.01608 | −0.093% | $705K | $6.2M | 20x | |
| BloFin IRYS-USDT | +0.0151% | 4h | 0.01610 | 0.000% | $98K | $20K | 20x | as long as short |
| Extended IRYS-USD | +0.0200% | 1h | 0.01610 | −0.030% | $646 | $88K | 5x | as long as short |
| Binance IRYSUSDT | +0.0204% | 4h | 0.01610 | 0.000% | $1.8M | $897K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0206% | 4h | 0.01610 | 0.000% | $247K | $90K | 20x | as long as short |
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Bitget IRYSUSDT
Variational Omni IRYS
BloFin IRYS-USDT
Extended IRYS-USD
Binance IRYSUSDT
MEXC IRYS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX IRYS-USDT | +0.0208% | 4h | 0.01608 | −0.124% | — | $1.3M | — | as long as short |
| Aster IRYSUSDT | +0.0921% | 4h | 0.01607 | −0.217% | $1K | $2K | 5x | as long as short |
BingX IRYS-USDT
Aster IRYSUSDT