Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%
Price spread now: MEXC against Gate+0.125%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8,776as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8,771as in the Price arb table
costs, in and out, $10k−$8,78287.819% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.125%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.107% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IRYS_USDT | 0.01596 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $241K | $12K | 20x |
| Short | MEXC IRYS_USDT | 0.01598 | 0.0100 | get 0.0050% / 4h | 2h 37m | $245K | $88K | 20x |
Gate IRYS_USDT
MEXC IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.125% → +0.019%
- $10.67
- Slippage, 4 orders
- −$8,762.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$8,771.21
- Costs to cover
- 87.819%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 57 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, 4 min ago | 9.37 bp | 255.9 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 6.21 bp | 19.2 bp −$19 | 138.3 bp −$1,383 | 530.8 bp −$53.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0063% | 4h | 0.01599 | +0.188% | $98K | $19K | 20x | as long as short |
| Binance IRYSUSDT | +0.0100% | 4h | 0.01598 | +0.125% | $1.8M | $895K | 20x | as long as short |
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01593 | −0.188% | $815K | $212K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01596 | 0.000% | $617K | $123K | 10x | as long as short |
| Gate IRYS_USDTlong | +0.0100% | 4h | 0.01596 | long leg | $241K | $12K | 20x | |
| MEXC IRYS_USDTshort | +0.0100% | 4h | 0.01598 | +0.125% | $245K | $88K | 20x | |
| KuCoin IRYSUSDTM | +0.0100% | 4h | 0.01597 | +0.075% | $703K | $6.2M | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01597 | +0.063% | $916K | $109K | 20x | as long as short |
| BingX IRYS-USDT | +0.0100% | 4h | 0.01595 | −0.063% | — | $1.3M | — | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01597 | +0.031% | $8K | $6 | — | as long as short |
BloFin IRYS-USDT
Binance IRYSUSDT
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
KuCoin IRYSUSDTM
Bitget IRYSUSDT
BingX IRYS-USDT
Variational Omni IRYSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IRYS-USD | +0.0104% | 1h | 0.01598 | +0.127% | $3K | $177K | 5x | as long as short |
| Aster IRYSUSDT | +0.0758% | 4h | 0.01596 | −0.012% | $1K | $2K | 5x | as long as short |
Extended IRYS-USD
Aster IRYSUSDT