Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG41.040+0.0172pay 0.0172% / 8h2h 26m$908K$1.8M—Long BingX
SHORT40.970+0.0046get 0.0006% / 1h26m 58s$160K—10xShort Vest Markets+5% pts
Price gap−0.171%48s
Funding gap−0.0126% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 40 hours. At the last 7 days' pace that is about 10 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$4−0.0126% /8h now · paid −0.043% over the last 7D
Price—spread −0.171%48s now · prices read too far apart to compare
Costsno datano order book for Vest Markets
Result, before costs—+ Points / potential airdropVest Markets: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.171%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IREN on 21 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets: its slippage is not counted.
  • Note: Margin at max leverage— + $1,000
    BingX —, Vest Markets 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$3.79Long BingX: 3 payments, −$5.16; short Vest Markets: 24 payments, +$1.37.
  • Watch: Prices read 48 s apart−0.171% vs −0.234%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$160K vs $908K OI
    Vest Markets sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Vest Markets No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0020%/8h × 21 periods−$4.25
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Vest Markets—
Fee BingX bp × 2 orders−$10.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$16.25
price spread not counted: prices read too far apart
Costs to cover0.120%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX1.2210.7 bp−$1123.2 bp−$232147.3 bp−$14.7K764.8 bp−$382.4K
SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

Alert

IREN news

posts that mention IREN, from every exchangeSearch all news →
09-28 10:22BloFinListingnew market IREN-USDT ($IREN) seen by our collector
09-28 08:57BloFinListingBloFin Futures will list the $IREN-USDT, $APP-USDT, $ADBE-USDT, $CRDO-USDT, and. $COST-USDT Perpetual Contracts 👀 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market IREN/USD ($IREN) seen by our collector
09-18 17:43AvantisOtherAI infra. $ARM — AGI CPU upside, or competing with the licensees who pay the royalties? $DELL — AI server winner, or custom racks eating the margin? $WDC — pricing power that's structurally re-rated, or peak-cycle earnings on a multiple that assumes it never breaks? $LITE — OCS and in-rack optics expanding the TAM, or a supply-constrained component vendor with three customers? $NBIS — Meta-scale neocloud winner, or thin-margin GPU landlord? $IREN — miner→AI cloud with real MW, or leveraged GPU financing? $BE — fuel cells unlocking AI power, or a multiple that needs a broken grid? @verantaxyz on X ↗
09-18 12:57ParagonListingCiena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗