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: KuCoin against OKX+0.031%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$2992.995% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.031%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.031% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IRYS-USDT-SWAP | 0.01593 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $619K | $127K | 10x |
| Short | KuCoin IRYSUSDTM | 0.01594 | 0.0100 | get 0.0050% / 4h | 1h 04m | $702K | $6.2M | 20x |
OKX IRYS-USDT-SWAP
KuCoin IRYSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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% → +0.062%
- −$3.09
- Slippage, 4 orders
- −$277.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$302.56
- Costs to cover
- 2.995%
- Break-even
- never at this rate
Slippage from OKX: live order book, 36 min ago; KuCoin: live order book, 3 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 OKX live order book, 36 min ago | 3.15 bp | 65.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 10.35 bp | 66.2 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IRYSUSDT | +0.0100% | 4h | 0.01590 | −0.176% | $822K | $218K | 20x | as long as short |
| OKX IRYS-USDT-SWAPlong | +0.0100% | 4h | 0.01593 | long leg | $619K | $127K | 10x | |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01590 | −0.188% | $239K | $15K | 20x | as long as short |
| KuCoin IRYSUSDTMshort | +0.0100% | 4h | 0.01594 | +0.031% | $702K | $6.2M | 20x | |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01594 | +0.063% | $915K | $111K | 20x | as long as short |
| Variational Omni IRYS | +0.0100% | 4h | 0.01592 | −0.065% | $8K | $6 | — | as long as short |
| BingX IRYS-USDT | +0.0284% | 4h | 0.01593 | 0.000% | — | $1.3M | — | as long as short |
| Binance IRYSUSDT | +0.0291% | 4h | 0.01594 | +0.063% | $1.8M | $921K | 20x | as long as short |
| MEXC IRYS_USDT | +0.0292% | 4h | 0.01594 | +0.063% | $244K | $90K | 20x | as long as short |
| Extended IRYS-USD | +0.0296% | 1h | 0.01594 | +0.034% | $313 | $188K | 5x | as long as short |
Bybit IRYSUSDT
Gate IRYS_USDT
Bitget IRYSUSDT
Variational Omni IRYS
BingX IRYS-USDT
Binance IRYSUSDT
MEXC IRYS_USDT
Extended IRYS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IRYS-USDT | +0.0340% | 4h | 0.01596 | +0.188% | $97K | $20K | 20x | as long as short |
| Aster IRYSUSDT | +0.0902% | 4h | 0.01593 | −0.005% | $1K | $2K | 5x | as long as short |
BloFin IRYS-USDT
Aster IRYSUSDT