Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Gate against MEXC−0.125%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8,788as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8,793as in the Price arb table
costs, in and out, $10k−$8,78287.819% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.125%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.107% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IRYS_USDT | 0.01598 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $245K | $88K | 20x |
| Short | Gate IRYS_USDT | 0.01596 | 0.0100 | get 0.0050% / 4h | 2h 37m | $241K | $12K | 20x |
MEXC IRYS_USDT
Gate IRYS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.125% → −0.019%
- −$10.65
- Slippage, 4 orders
- −$8,762.88
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$8,792.53
- Costs to cover
- 87.819%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 57 min ago; Gate: live order book, 4 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 MEXC live order book, 57 min ago | 6.21 bp | 21.5 bp −$22 | 151.4 bp −$1,514 | 461.3 bp −$46.1K | doesn't fit |
| Sell Gate live order book, 4 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 | +0.0063% | 4h | 0.01599 | +0.063% | $98K | $19K | 20x | as long as short |
| Binance IRYSUSDT | +0.0100% | 4h | 0.01599 | +0.035% | $1.8M | $895K | 20x | as long as short |
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01593 | −0.325% | $815K | $212K | 20x | as long as short |
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01596 | −0.125% | $617K | $123K | 10x | as long as short |
| Gate IRYS_USDTshort | +0.0100% | 4h | 0.01596 | −0.125% | $241K | $12K | 20x | |
| MEXC IRYS_USDTlong | +0.0100% | 4h | 0.01598 | long leg | $245K | $88K | 20x | |
| KuCoin IRYSUSDTM | +0.0100% | 4h | 0.01597 | −0.050% | $694K | $6.2M | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01597 | −0.063% | $916K | $109K | 20x | as long as short |
| BingX IRYS-USDT | +0.0100% | 4h | 0.01595 | −0.188% | — | $1.3M | — | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01597 | −0.094% | $8K | $6 | — | as long as short |
BloFin IRYS-USDT
Binance IRYSUSDT
Bybit IRYSUSDT
OKX IRYS-USDT-SWAP
KuCoin IRYSUSDTM
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 | 0.01598 | +0.002% | $3K | $177K | 5x | as long as short |
| Aster IRYSUSDT | +0.0771% | 4h | 0.01596 | −0.138% | $1K | $2K | 5x | as long as short |
Extended IRYS-USD
Aster IRYSUSDT