Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.077%
Price spread now: Gate against KuCoin−0.031%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8,989as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8,952as in the Price arb table
costs, in and out, $10k−$8,94289.419% of the position
Funding, last 7 days−0.475%−$48 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.031%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.098% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IRYSUSDTM | 0.01598 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $696K | $6.2M | 20x |
| Short | Gate IRYS_USDT | 0.01598 | 0.0100 | get 0.0050% / 4h | 2h 36m | $241K | $12K | 20x |
KuCoin IRYSUSDTM
Gate IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.031% → +0.066%
- −$9.78
- Slippage, 4 orders
- −$8,914.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$8,951.65
- Costs to cover
- 89.419%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 5 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, 6 min ago | 16.87 bp | 140.2 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 9.37 bp | 8485.3 bp −$8,485 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0076% | 4h | 0.01599 | +0.031% | $98K | $19K | 20x | as long as short |
| Binance IRYSUSDT | +0.0100% | 4h | 0.01600 | +0.094% | $1.8M | $896K | 20x | as long as short |
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01597 | −0.125% | $817K | $212K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01596 | −0.156% | $617K | $123K | 10x | as long as short |
| Gate IRYS_USDTshort | +0.0100% | 4h | 0.01598 | −0.031% | $241K | $12K | 20x | |
| MEXC IRYS_USDT | +0.0100% | 4h | 0.01600 | +0.094% | $245K | $88K | 20x | as long as short |
| KuCoin IRYSUSDTMlong | +0.0100% | 4h | 0.01598 | long leg | $696K | $6.2M | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01597 | −0.094% | $916K | $109K | 20x | as long as short |
| BingX IRYS-USDT | +0.0100% | 4h | 0.01598 | −0.031% | — | $1.3M | — | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01597 | −0.125% | $8K | $6 | — | as long as short |
BloFin IRYS-USDT
Binance IRYSUSDT
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
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 | +0.068% | $3K | $177K | 5x | as long as short |
| Aster IRYSUSDT | +0.0758% | 4h | 0.01598 | −0.016% | $1K | $2K | 5x | as long as short |
Extended IRYS-USD
Aster IRYSUSDT