Settings8H · net · $10k
Funding arb · Price arb /

IRYS

all IRYS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−0.247%7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,089as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,124as in the Price arb table
costs, in and out, $10k−$1,08510.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)+0.397%+$40 · spread now −0.247%, 7d avg +0.137%
Together, before fees+0.359%+$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.384% cheaper against OKX than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IRYS-USDT-SWAP0.016200.0100pay 0.0050% / 4h2h 06m$621K$99K10x
ShortGate IRYS_USDT0.016160.0100get 0.0050% / 4h2h 06m$243K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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

Funding earned
$0
Price spread: −0.247% → +0.137%
−$38.4
Slippage, 4 orders
−$1,060.43
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,123.83
Costs to cover
10.854%
Break-even
never at this rate
Slippage from OKX: live order book, 59 min ago; Gate: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 59 min ago3.09 bp57.3 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 55 min ago9.30 bp501.5 bp −$502doesn't fitdoesn't fitdoesn't fit

IRYS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit IRYSUSDT+0.0100%4h0.01617−0.191%$800K$146K20xas long as short
OKX IRYS-USDT-SWAPlong+0.0100%4h0.01620long leg$621K$99K10x
Gate IRYS_USDTshort+0.0100%4h0.01616−0.247%$243K$8K20x
Bitget IRYSUSDT+0.0100%4h0.016200.000%$932K$92K20xas long as short
Variational Omni IRYS+0.0100%4h0.01622+0.097%$8K$6as long as short
Binance IRYSUSDT+0.0605%4h0.016200.000%$1.8M$777K20xas long as short
MEXC IRYS_USDT+0.0614%4h0.01619−0.062%$252K$118K20xas long as short
Extended IRYS-USD+0.0616%1h0.01619−0.056%$3K$83K5xas long as short
BingX IRYS-USDT+0.0618%4h0.01618−0.123%$1.2Mas long as short
KuCoin IRYSUSDTM+0.1062%4h0.01617−0.160%$686K$6.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IRYSUSDT+0.1175%4h0.01620−0.004%$1K$2K5xas long as short