IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against Bitget+0.089%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$840.841% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.089%, 7d avg +0.106%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget IRENUSDT	47.058	−0.0029	get 0.0029% / 8h	2h 56m	$2.1M	$501K	20x
Short	Binance IRENUSDT	47.100	0	get 0.0000% / 8h	2h 56m	$3.5M	$6.2M	25x

Funding history

latest

Range statsloading…

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.089%Rate

Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 12 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	2.76 bp	22.8 bp −$23	31.0 bp −$310	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	3.18 bp	13.2 bp −$13	35.5 bp −$355	283.8 bp −$28.4K	doesn't fit

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
Bitget IRENUSDTlong	−0.0029%	8h	47.058	long leg	$2.1M	$501K	20x
Aster IRENUSDT	0.0000%	8h	47.125	+0.143%	$29K	$4K	20x	as long as short
Binance IRENUSDTshort	0.0000%	8h	47.100	+0.089%	$3.5M	$6.2M	25x
Bybit IRENUSDT	0.0000%	8h	47.080	+0.047%	$1.2M	$545K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	46.990	−0.145%	$645K	$649K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.060	+0.004%	$721K	$1.2M	25x	as long as short
Variational Omni IREN	0.0000%	8h	47.072	+0.029%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.073	+0.031%	$5K	$204K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	46.980	−0.166%	$1K	$355K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.020	−0.081%	$9K	$832	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest IREN-USD-PERP	+0.0004%	1h	46.960	−0.208%	—	$15K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	46.990	−0.145%	$4K	$7K	5x	as long as short
QFEX IREN-USD	+0.0043%	1h	47.050	−0.017%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	47.014	−0.094%	$604K	$182K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.060	+0.004%	$739K	$235K	20x	as long as short
Lighter RH IREN	+0.0112%	1h	47.098	+0.085%	$70K	$95K	10x	as long as short
Phoenix IREN	+0.0286%	1h	47.062	+0.009%	$84	$31K	10x	as long as short
tradeXYZ xyz:IREN	+0.0440%	1h	47.046	−0.026%	$3.1M	$2.0M	10x	as long as short