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 UTC+0.0524%/8h= +57.4% APRnext payment +$2.62 per $10,000 · paid last 24h +0.162%
Price spread now: BingX against Variational Omni−0.158%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. BingX is 0.158% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 24 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IRYS0.016220.0100pay 0.0050% / 4h2h 08m$8K$6
ShortBingX IRYS-USDT0.016190.0624get 0.0312% / 4h2h 08m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$110.04
Price spread: −0.158% → 0.000%
−$15.83
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$84.21
Costs to cover
0.100%
Break-even
1.6 days
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BingX live order book, 4 min ago9.23 bp63.7 bp −$64175.2 bp −$1,752doesn't fitdoesn't fit
Variational Omni: 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 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%4h0.01618−0.245%$800K$155K20xas long as short
OKX IRYS-USDT-SWAP+0.0100%4h0.01620−0.097%$621K$100K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01619−0.158%$243K$8K20xas long as short
Bitget IRYSUSDT+0.0100%4h0.01622+0.027%$933K$93K20xas long as short
Variational Omni IRYSlong+0.0100%4h0.01622long leg$8K$6
Extended IRYS-USD+0.0624%1h0.01622+0.003%$3K$83K5xas long as short
BingX IRYS-USDTshort+0.0624%4h0.01619−0.158%$1.2M
Binance IRYSUSDT+0.0626%4h0.01621−0.035%$1.8M$784K20xas long as short
MEXC IRYS_USDT+0.0636%4h0.01621−0.035%$252K$118K20xas long as short
KuCoin IRYSUSDTM+0.1082%4h0.01622+0.002%$686K$6.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IRYSUSDT+0.1193%4h0.01623+0.058%$1K$2K5xas long as short