Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.062% cheaper against MEXC than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.026% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IRYS_USDT | 0.01611 | 0.0460 | pay 0.0230% / 4h | 3h 37m | $252K | $118K | 20x |
| Short | BloFin IRYS-USDT | 0.01610 | 0.0493 | get 0.0247% / 4h | 3h 37m | $97K | $19K | 20x |
MEXC IRYS_USDT
BloFin IRYS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $6.96
- Price spread: −0.062% → 0.000%
- −$6.21
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.25
- Costs to cover
- 0.160%
- Break-even
- 22.3 days
Slippage unknown: MEXC: live order book, 17 min ago; BloFin: 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 MEXC live order book, 17 min ago | 3.11 bp | 15.7 bp −$16 | 139.5 bp −$1,395 | 351.0 bp −$35.1K | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | 0.01607 | −0.248% | $615K | $99K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01610 | −0.062% | $242K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01611 | 0.000% | $921K | $84K | 20x | as long as short |
| MEXC IRYS_USDTlong | +0.0460% | 4h | 0.01611 | long leg | $252K | $118K | 20x | |
| Binance IRYSUSDT | +0.0461% | 4h | 0.01612 | +0.066% | $1.8M | $782K | 20x | as long as short |
| Extended IRYS-USD | +0.0464% | 1h | 0.01612 | +0.071% | $4K | $113K | 5x | as long as short |
| Variational Omni IRYS | +0.0480% | 4h | 0.01608 | −0.171% | $8K | $6 | — | as long as short |
| Bybit IRYSUSDT | +0.0490% | 4h | 0.01606 | −0.317% | $792K | $154K | 20x | as long as short |
| BloFin IRYS-USDTshort | +0.0493% | 4h | 0.01610 | −0.062% | $97K | $19K | 20x | |
| BingX IRYS-USDT | +0.0582% | 4h | 0.01608 | −0.186% | — | $1.2M | — | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
Binance IRYSUSDT
Extended IRYS-USD
Variational Omni IRYS
Bybit IRYSUSDT
BingX IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IRYSUSDTM | +0.0766% | 4h | 0.01609 | −0.099% | $679K | $6.5M | 20x | as long as short |
| Aster IRYSUSDT | +0.0869% | 4h | 0.01608 | −0.186% | $1K | $5K | 5x | as long as short |
KuCoin IRYSUSDTM
Aster IRYSUSDT