IRYS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniIRYS	0.01767	+0.0100	pay 0.0050% / 4h	8m 18s	$171K	$59K	50x	Long Variational Omni+15% pts
SHORT	BybitIRYSUSDT	0.01769	+0.0100	get 0.0050% / 4h	8m 18s	$2.7M	$2.8M	20x	Short Bybit

Price gap+0.159%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$4 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$1430.0000% /8h now · paid −1.426% over the last 7D

Price+$4spread +0.159% now, avg +0.115% → +0.044% if it goes back

Costs−$1,19111.911% of $10k · taker + slippage, in and out

Result−$1,329−13.29%+ Points / potential airdropVariational Omni: points · farm board

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

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 13 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size609.6 / 36.8 bp
At $10k entering Variational Omni costs 609.6 bp, fee and slippage, 16.6× Bybit’s.
Note: Margin at max leverage$200 + $500
Variational Omni 50x, Bybit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
OK: Entry gap works for you+0.159% vs +0.115%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$171K vs $2.7M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · Bybit Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0679%/8h × 21 periods−$142.55

Price spread+0.159% → +0.115% (7d avg)+$4.36

Slippage, 4 orderslive order books−$1,180.11

Fee Variational Omni bp × 2 orders$0.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$1,329.31

Costs to cover11.911%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 36 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni14.18609.6 bp−$6101193.6 bp−$11.9Kdoesn’t fitdoesn’t fit

SELL · SHORTBybit1.1336.8 bp−$37508.2 bp−$5,082doesn’t fitdoesn’t fit

Closing costs about the same again.

IRYS news

posts that mention IRYS, from every exchange

11-06 09:40	AZverse	Listing	new market irys_usdt ($IRYS) seen by our collector
10-22 02:00	KuCoin	Other	24H 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 ↗