IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0398%/8h= +43.6% APRnext payment +$1.99 per $10,000 · paid last 24h +0.033%

Price spread now: Variational Omni against Gate+0.159%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.159% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

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 43m	$240K	$8K	20x
Short	Variational Omni IRYS	0.01606	0.0498	get 0.0249% / 4h	3h 43m	$8K	$6	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now +0.159%Rate

Funding earned: $83.66
Price spread: +0.159% → 0.000%: $15.91
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $84.58
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 23 min ago; Variational Omni: no order-book sample. 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, 23 min ago	6.26 bp	506.1 bp −$506	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 IRYSUSDT	+0.0100%	4h	0.01607	+0.250%	$919K	$83K	20x	as long as short
Bybit IRYSUSDT	+0.0336%	4h	0.01606	+0.168%	$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	+0.449%	$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	+0.0428%	4h	0.01611	+0.503%	$1.8M	$793K	20x	as long as short
Variational Omni IRYSshort	+0.0498%	4h	0.01606	+0.159%	$8K	$6	—
BingX IRYS-USDT	+0.0540%	4h	0.01608	+0.312%	—	$1.2M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IRYSUSDTM	+0.0696%	4h	0.01608	+0.343%	$679K	$6.5M	20x	as long as short
Aster IRYSUSDT	+0.0832%	4h	0.01607	+0.274%	$1K	$5K	5x	as long as short