Settings8H · net · $10k
Funding arb · Price arb /

IREN

RWAall IREN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against Binance−0.021%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.021%, 7d avg −0.037%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IRENUSDT47.0400get 0.0000% / 8h3h 01m$3.4M$6.2M25x
ShortBybit IRENUSDT47.0300get 0.0000% / 8h3h 01m$1.2M$544K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Funding earned
$0
Price spread: −0.021% → −0.037%
$1.57
Slippage, 4 orders
−$48.78
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$68.21
Costs to cover
0.698%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago3.18 bp8.9 bp −$933.9 bp −$339doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.13 bp23.4 bp −$23115.9 bp −$1,159doesn't fitdoesn't fit

IREN on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IRENUSDT0.0000%8h47.085+0.095%$29K$4K20xas long as short
Binance IRENUSDTlong0.0000%8h47.040long leg$3.4M$6.2M25x
Bybit IRENUSDTshort0.0000%8h47.030−0.021%$1.2M$544K25x
OKX IREN-USDT-SWAP0.0000%8h47.050+0.021%$647K$649K25xas long as short
Gate IREN_USDT0.0000%8h47.060+0.043%$720K$1.2M25xas long as short
Bitget IRENUSDT0.0000%8h47.008−0.068%$2.1M$501K20xas long as short
Variational Omni IREN0.0000%8h47.087+0.099%$192K$102Kas long as short
GRVT IREN_USDT_Perp0.0000%8h47.100+0.128%$4K$204K10xas long as short
SunX IREN-USDT0.0000%8h47.060+0.043%$1K$355K10xas long as short
HTX IREN-USDT0.0000%8h47.100+0.128%$9K$83120xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IREN-USD-PERP+0.0007%1h46.970−0.149%$15K10xas long as short
QFEX IREN-USD+0.0011%1h47.070+0.064%$1.2M$1.5M10xas long as short
Extended IREN_24_5-USD+0.0040%1h46.995−0.096%$4K$7K5xas long as short
Paragon para:IREN+0.0061%1h47.032−0.017%$605K$182K10xas long as short
Lighter RH IREN+0.0064%1h47.093+0.113%$69K$97K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.0400.000%$739K$233K20xas long as short
tradeXYZ xyz:IREN+0.0175%1h47.051+0.023%$3.2M$2.0M10xas long as short
Phoenix IREN+0.0286%1h47.071+0.066%$87$31K10xas long as short