IRYS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0380%/8h= −41.6% APRnext payment −$1.90 per $10,000 · paid last 24h −0.033%

Price spread now: OKX against Variational Omni+0.047%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 OKX

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

The price spread pays, funding is against you. OKX is 0.047% dearer against Variational Omni than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni IRYS	0.01608	0.0480	pay 0.0240% / 4h	3h 40m	$8K	$6	—
Short	OKX IRYS-USDT-SWAP	0.01609	0.0100	get 0.0050% / 4h	3h 40m	$616K	$100K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$79.7
Price spread: +0.047% → 0.000%: $4.66
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$85.04
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 31 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 OKX live order book, 31 min ago	3.13 bp	56.0 bp −$56	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-SWAPshort	+0.0100%	4h	0.01609	+0.047%	$616K	$100K	10x
Gate IRYS_USDT	+0.0100%	4h	0.01612	+0.233%	$242K	$8K	20x	as long as short
Bitget IRYSUSDT	+0.0100%	4h	0.01608	−0.016%	$919K	$83K	20x	as long as short
BingX IRYS-USDT	+0.0400%	4h	0.01612	+0.233%	—	$1.2M	—	as long as short
MEXC IRYS_USDT	+0.0460%	4h	0.01613	+0.295%	$253K	$118K	20x	as long as short
Binance IRYSUSDT	+0.0462%	4h	0.01613	+0.295%	$1.8M	$787K	20x	as long as short
Extended IRYS-USD	+0.0464%	1h	0.01613	+0.270%	$4K	$113K	5x	as long as short
Variational Omni IRYSlong	+0.0480%	4h	0.01608	long leg	$8K	$6	—
BloFin IRYS-USDT	+0.0497%	4h	0.01609	+0.047%	$96K	$19K	20x	as long as short
Bybit IRYSUSDT	+0.0595%	4h	0.01608	−0.009%	$793K	$154K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IRYSUSDTM	+0.0754%	4h	0.01613	+0.283%	$680K	$6.5M	20x	as long as short
Aster IRYSUSDT	+0.0872%	4h	0.01611	+0.181%	$1K	$5K	5x	as long as short