Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.377%7-day average −0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,099as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,053as in the Price arb table
costs, in and out, $10k−$1,10311.032% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.544%−$54 · spread now +0.377%, 7d avg −0.127%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.504% dearer against Gate than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of −0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IRYS_USDT | 0.01590 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $239K | $15K | 20x |
| Short | OKX IRYS-USDT-SWAP | 0.01596 | 0.0100 | get 0.0050% / 4h | 1h 07m | $620K | $127K | 10x |
Gate IRYS_USDT
OKX IRYS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.377% → −0.127%
- $50.4
- Slippage, 4 orders
- −$1,078.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,052.82
- Costs to cover
- 11.032%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; OKX: live order book, 33 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, 29 min ago | 3.15 bp | 447.1 bp −$447 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 33 min ago | 3.15 bp | 59.7 bp −$60 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IRYS-USDT-SWAPshort | +0.0100% | 4h | 0.01596 | +0.377% | $620K | $127K | 10x | |
| Gate IRYS_USDTlong | +0.0100% | 4h | 0.01590 | long leg | $239K | $15K | 20x | |
| KuCoin IRYSUSDTM | +0.0100% | 4h | 0.01595 | +0.283% | $705K | $6.2M | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01596 | +0.377% | $917K | $111K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01592 | +0.104% | $8K | $6 | — | as long as short |
| Bybit IRYSUSDT | +0.0131% | 4h | 0.01592 | +0.113% | $822K | $217K | 20x | as long as short |
| BloFin IRYS-USDT | +0.0251% | 4h | 0.01595 | +0.314% | $97K | $20K | 20x | as long as short |
| BingX IRYS-USDT | +0.0277% | 4h | 0.01594 | +0.252% | — | $1.3M | — | as long as short |
| MEXC IRYS_USDT | +0.0284% | 4h | 0.01596 | +0.377% | $244K | $89K | 20x | as long as short |
| Extended IRYS-USD | +0.0288% | 1h | 0.01596 | +0.348% | $4K | $184K | 5x | as long as short |
KuCoin IRYSUSDTM
Bitget IRYSUSDT
Variational Omni IRYS
Bybit IRYSUSDT
BloFin IRYS-USDT
BingX IRYS-USDT
MEXC IRYS_USDT
Extended IRYS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance IRYSUSDT | +0.0289% | 4h | 0.01596 | +0.377% | $1.8M | $920K | 20x | as long as short |
| Aster IRYSUSDT | +0.0891% | 4h | 0.01593 | +0.219% | $1K | $2K | 5x | as long as short |
Binance IRYSUSDT
Aster IRYSUSDT