Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: Binance against KuCoin+0.131%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$3343.344% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 7 days−0.319%−$32 · spread now +0.131%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.073% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IRYSUSDTM | 0.01599 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $695K | $6.2M | 20x |
| Short | Binance IRYSUSDT | 0.01601 | 0.0100 | get 0.0050% / 4h | 2h 36m | $1.8M | $896K | 20x |
KuCoin IRYSUSDTM
Binance IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.131% → +0.059%
- $7.27
- Slippage, 4 orders
- −$312.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$327.08
- Costs to cover
- 3.344%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 13 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 KuCoin live order book, 7 min ago | 16.87 bp | 140.2 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.10 bp | 68.0 bp −$68 | 497.5 bp −$4,975 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0076% | 4h | 0.01599 | +0.025% | $98K | $19K | 20x | as long as short |
| Binance IRYSUSDTshort | +0.0100% | 4h | 0.01601 | +0.131% | $1.8M | $896K | 20x | |
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01597 | −0.131% | $817K | $212K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01596 | −0.163% | $617K | $122K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01598 | −0.038% | $241K | $12K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01600 | +0.088% | $245K | $88K | 20x | as long as short |
| KuCoin IRYSUSDTMlong | +0.0100% | 4h | 0.01599 | long leg | $695K | $6.2M | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01597 | −0.100% | $916K | $109K | 20x | as long as short |
| BingX IRYS-USDT | +0.0100% | 4h | 0.01599 | +0.025% | — | $1.3M | — | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01597 | −0.131% | $8K | $6 | — | as long as short |
BloFin IRYS-USDT
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
MEXC IRYS_USDT
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 | 0.01600 | +0.062% | $3K | $177K | 5x | as long as short |
| Aster IRYSUSDT | +0.0755% | 4h | 0.01598 | −0.015% | $1K | $2K | 5x | as long as short |
Extended IRYS-USD
Aster IRYSUSDT