IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.111%

Price spread now: GRVT against Aster−0.067%7-day average — · you buy dearer than you sell

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

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.067% cheaper against Aster than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 10 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster IRENUSDT	47.517	0	get 0.0000% / 8h	7h 59m	$29K	$4K	20x
Short	GRVT IREN_USDT_Perp	47.485	0.0022	get 0.0022% / 8h	7h 59m	$5K	$186K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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 AsterbpFee GRVTbpOrdersPrice spread, now −0.067%Rate

Funding earned: $4.62
Price spread: −0.067% → 0.000%: −$6.72
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$19.1
Costs to cover: 0.170%
Break-even: 35.9 days

Slippage unknown: Aster: no order-book sample; GRVT: live order book, 9 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 Aster no order-book sample	—	—	—	—	—
Sell GRVT live order book, 9 min ago	3.16 bp	15.6 bp −$16	50.2 bp −$502	doesn't fit	doesn't fit

Aster: 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.

IREN on 18 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
Aster IRENUSDTlong	0.0000%	8h	47.517	long leg	$29K	$4K	20x
Bybit IRENUSDT	0.0000%	8h	47.480	−0.077%	$1.2M	$474K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.460	−0.119%	$663K	$639K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.470	−0.098%	$738K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.463	−0.113%	$2.0M	$443K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.479	−0.080%	$208K	$86K	—	as long as short
SunX IREN-USDT	0.0000%	8h	47.490	−0.056%	$875	$384K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.450	−0.140%	$9K	$723	20x	as long as short
Vest IREN-USD-PERP	+0.0003%	1h	47.410	−0.224%	—	$15K	10x	as long as short
Paragon para:IREN	+0.0006%	1h	47.451	−0.137%	$638K	$147K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance IRENUSDT	+0.0011%	8h	47.510	−0.014%	$3.5M	$6.5M	25x	as long as short
GRVT IREN_USDT_Perpshort	+0.0022%	8h	47.485	−0.067%	$5K	$186K	10x
Lighter RH IREN	+0.0032%	1h	47.431	−0.180%	$68K	$108K	10x	as long as short
QFEX IREN-USD	+0.0032%	1h	47.510	−0.014%	$1.2M	$2.1M	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.439	−0.163%	$4K	$8K	5x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.490	−0.056%	$747K	$154K	20x	as long as short
tradeXYZ xyz:IREN	+0.0353%	1h	47.482	−0.073%	$3.2M	$1.9M	10x	as long as short
Phoenix IREN	+0.0388%	1h	47.491	−0.054%	$83	$35K	10x	as long as short