Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.178%
Price spread now: Bybit against Variational Omni+0.006%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IRYS | 0.01601 | 0.0429 | pay 0.0214% / 4h | 2h 55m | $8K | $6 | — |
| Short | Bybit IRYSUSDT | 0.01601 | 0.0373 | get 0.0187% / 4h | 2h 55m | $792K | $161K | 20x |
Variational Omni IRYS
Bybit IRYSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.69
- Price spread: +0.006% → 0.000%
- $0.61
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.08
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 10 min ago. Net counts fees only.
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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 10 min ago | 3.70 bp | 112.8 bp −$113 | doesn't fit | doesn't fit | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IRYS-USDT-SWAP | +0.0100% | 4h | 0.01603 | +0.106% | $613K | $99K | 10x | as long as short |
| Gate IRYS_USDT | +0.0100% | 4h | 0.01602 | +0.044% | $240K | $8K | 20x | as long as short |
| Bitget IRYSUSDT | +0.0100% | 4h | 0.01607 | +0.356% | $921K | $90K | 20x | as long as short |
| Bybit IRYSUSDTshort | +0.0373% | 4h | 0.01601 | +0.006% | $792K | $161K | 20x | |
| Variational Omni IRYSlong | +0.0429% | 4h | 0.01601 | long leg | $8K | $6 | — | |
| BingX IRYS-USDT | +0.0798% | 4h | 0.01604 | +0.169% | — | $1.2M | — | as long as short |
| Binance IRYSUSDT | +0.0806% | 4h | 0.01605 | +0.211% | $1.8M | $791K | 20x | as long as short |
| Extended IRYS-USD | +0.0816% | 1h | 0.01605 | +0.207% | $2K | $78K | 5x | as long as short |
| MEXC IRYS_USDT | +0.0816% | 4h | 0.01604 | +0.169% | $251K | $115K | 20x | as long as short |
| BloFin IRYS-USDT | +0.0857% | 4h | 0.01610 | +0.543% | $97K | $19K | 20x | as long as short |
OKX IRYS-USDT-SWAP
Gate IRYS_USDT
Bitget IRYSUSDT
BingX IRYS-USDT
Binance IRYSUSDT
Extended IRYS-USD
MEXC IRYS_USDT
BloFin IRYS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IRYSUSDT | +0.1262% | 4h | 0.01604 | +0.183% | $1K | $2K | 5x | as long as short |
| KuCoin IRYSUSDTM | +0.1376% | 4h | 0.01603 | +0.094% | $692K | $6.5M | 20x | as long as short |
Aster IRYSUSDT
KuCoin IRYSUSDTM