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 08:00 UTC+0.0151%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Variational Omni+0.210%101s7-day average · you sell dearer than you buy
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 4 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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.210% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IRYS0.015920.0100pay 0.0050% / 4h1h 07m$8K$6
ShortBloFin IRYS-USDT0.015950.0251get 0.0126% / 4h1h 07m$97K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$31.77
Price spread: +0.210% → 0.000%
$21.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$40.78
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BloFin: no order-book sample. 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 BloFin no order-book sample
Variational Omni and BloFin: 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 12 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
OKX IRYS-USDT-SWAP+0.0100%4h0.01596+0.273%$620K$127K10xas long as short
Gate IRYS_USDT+0.0100%4h0.01590−0.104%$239K$15K20xas long as short
KuCoin IRYSUSDTM+0.0100%4h0.01595+0.179%$705K$6.2M20xas long as short
Bitget IRYSUSDT+0.0100%4h0.01596+0.273%$917K$111K20xas long as short
Variational Omni IRYSlong+0.0100%4h0.01592long leg$8K$6
Bybit IRYSUSDT+0.0131%4h0.01592+0.009%$822K$217K20xas long as short
BloFin IRYS-USDTshort+0.0251%4h0.01595+0.210%$97K$20K20x
BingX IRYS-USDT+0.0277%4h0.01594+0.147%$1.3Mas long as short
MEXC IRYS_USDT+0.0284%4h0.01596+0.273%$244K$89K20xas long as short
Extended IRYS-USD+0.0288%1h0.01596+0.244%$4K$184K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance IRYSUSDT+0.0289%4h0.01596+0.273%$1.8M$920K20xas long as short
Aster IRYSUSDT+0.0891%4h0.01593+0.115%$1K$2K5xas long as short