Funding you earn now, next payment 03:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +0.007%
Price spread now: Vest against Binance−0.210%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Vest is 0.210% cheaper against Binance than usual: you would sell low and buy high (spread −0.210% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 2 months of funding at the current rate ($0 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IRENUSDT | 47.550 | 0 | get 0.0000% / 8h | 5h 04m | $3.5M | $6.1M | 25x |
| Short | Vest IREN-USD-PERP | 47.450 | 0.0009 | get 0.0001% / 1h | 4m 43s | — | $15K | 10x |
Binance IRENUSDT
Vest IREN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.97
- Price spread: −0.210% → 0.000%
- −$21.03
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$31.06
- Costs to cover
- 0.120%
- Break-even
- 117.6 days
Slippage unknown: Binance: live order book, 4 min ago; Vest: no order-book sample. 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 Binance live order book, 4 min ago | 2.10 bp | 12.3 bp −$12 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 IRENUSDT | 0.0000% | 8h | 47.577 | +0.056% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDTlong | 0.0000% | 8h | 47.550 | long leg | $3.5M | $6.1M | 25x | |
| Bybit IRENUSDT | 0.0000% | 8h | 47.510 | −0.084% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.550 | 0.000% | $648K | $621K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.530 | −0.042% | $721K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.499 | −0.107% | $2.0M | $428K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.531 | −0.041% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.545 | −0.010% | $5K | $185K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.550 | 0.000% | $1K | $359K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.510 | −0.084% | $9K | $787 | 20x | as long as short |
Aster IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERPshort | +0.0009% | 1h | 47.450 | −0.210% | — | $15K | 10x | |
| QFEX IREN-USD | +0.0026% | 1h | 47.520 | −0.063% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.567 | +0.036% | $69K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.485 | −0.137% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.500 | −0.105% | $611K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.530 | −0.042% | $747K | $211K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0348% | 1h | 47.526 | −0.050% | $3.2M | $1.9M | 10x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.531 | −0.040% | $83 | $31K | 10x | as long as short |
QFEX IREN-USD
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN