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

IRYS

All IRYS markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotIRYS-USDT
0.01886spotno funding——$611K1xBuy OKX Spot
SHORT
OKXIRYS-USDT-SWAP
0.01883−0.0248pay 0.0124% / 4h2h 04m$1.4M$4.5M10xShort OKX
Price gap−0.159%
Funding gap−0.0248% /8h

The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 26 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$81−0.0248% /8h now · paid −0.814% over the last 7D
Price+$8spread −0.159% now, avg −0.239% → +0.079% if it goes back
Costs−$2632.626% of $10k · taker + slippage, in and out
Result−$336−3.36%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.159%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IRYS on 12 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size160.0 / 27.1 bp
    At $10k entering OKX Spot costs 160.0 bp, fee and slippage, 5.9× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; OKX runs at up to 10x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$7.43Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$7.43.
  • OK: Entry gap works for you−0.159% vs −0.239%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.4M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0388%/8h × 21 periods−$81.43
Price spread−0.159% → −0.239% (7d avg)+$7.95
Slippage, 4 orderslive order books−$232.56
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$336.04
Costs to cover2.626%Break-evennever at this rate
Slippage: OKX Spot: live order book, 70 min ago; OKX: live order book, just now

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot7.96160.0 bp−$160doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.6627.1 bp−$27167.7 bp−$1,677doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

IRYS news

posts that mention IRYS, from every exchange
10-22 02:00KuCoinOther24H Top 5 Gainers on #KuCoin (October 22, 2026) 1. IRYS - $0.02134 (+65.84%) 2. VAYLA - $0.09054 (+62.30%) 3. UNION - $0.0002886 (+59.90%) 4. IOST - $0.001673 (+56.69%) 5. QAIT - $0.001775 (+39.92%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗