IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.038%

Price spread now: KuCoin against Variational Omni+0.184%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

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 days—no 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 +$1 a day on $10k at the current rate, and KuCoin is 0.184% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IRYS	0.01603	0.0100	pay 0.0050% / 4h	25m 46s	$8K	$6	—
Short	KuCoin IRYSUSDTM	0.01606	0.0134	get 0.0067% / 4h	25m 46s	$714K	$6.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now +0.184%Rate

Funding earned: $7.14
Price spread: +0.184% → 0.000%: $18.38
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $13.52
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	16.51 bp	57.1 bp −$57	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
Bybit IRYSUSDT	+0.0100%	4h	0.01604	+0.053%	$817K	$206K	20x	as long as short
OKX IRYS-USDT-SWAP	+0.0100%	4h	0.01608	+0.315%	$621K	$128K	10x	as long as short
Gate IRYS_USDT	+0.0100%	4h	0.01607	+0.252%	$242K	$11K	20x	as long as short
Bitget IRYSUSDT	+0.0100%	4h	0.01609	+0.377%	$929K	$104K	20x	as long as short
Variational Omni IRYSlong	+0.0100%	4h	0.01603	long leg	$8K	$6	—
BingX IRYS-USDT	+0.0122%	4h	0.01607	+0.252%	—	$1.3M	—	as long as short
Extended IRYS-USD	+0.0128%	1h	0.01609	+0.393%	$3K	$83K	5x	as long as short
MEXC IRYS_USDT	+0.0128%	4h	0.01609	+0.377%	$247K	$98K	20x	as long as short
Binance IRYSUSDT	+0.0130%	4h	0.01608	+0.315%	$1.8M	$859K	20x	as long as short
KuCoin IRYSUSDTMshort	+0.0134%	4h	0.01606	+0.184%	$714K	$6.4M	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IRYS-USDT	+0.0178%	4h	0.01609	+0.377%	$99K	$19K	20x	as long as short
Aster IRYSUSDT	+0.0819%	4h	0.01605	+0.111%	$1K	$2K	5x	as long as short