Funding you earn now, next payment 22:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.037%
Price spread now: Vest against Bitget−0.133%51s7-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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.133% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | Bitget IRENUSDT | 47.363 | 0 | get 0.0000% / 8h | 2h 08m | $2.0M | $538K | 20x |
| Short | Vest IREN-USD-PERP | 47.300 | 0.0002 | get 0.0000% / 1h | 8m 40s | — | $15K | 10x |
Bitget IRENUSDT
Vest IREN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bitget. 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
- $0.4
- Price spread: −0.133% → 0.000%
- −$13.3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$26.9
- Costs to cover
- 0.140%
- Break-even
- 474.0 days
Slippage unknown: Bitget: live order book, 8 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 Bitget live order book, 8 min ago | 5.28 bp | 28.4 bp −$28 | 50.0 bp −$500 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:IREN | −0.0045% | 1h | 47.360 | −0.006% | $622K | $126K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 47.444 | +0.170% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.410 | +0.099% | $3.4M | $6.7M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.380 | +0.036% | $1.2M | $503K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.400 | +0.078% | $662K | $692K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.380 | +0.036% | $742K | $1.6M | 25x | as long as short |
| Bitget IRENUSDTlong | 0.0000% | 8h | 47.363 | long leg | $2.0M | $538K | 20x | |
| Variational Omni IREN | 0.0000% | 8h | 47.419 | +0.119% | $187K | $68K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.410 | +0.100% | $4K | $204K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.410 | +0.099% | $494 | $390K | 10x | as long as short |
Paragon para:IREN
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | 0.0000% | 8h | 47.380 | +0.036% | $9K | $680 | 20x | as long as short |
| Vest IREN-USD-PERPshort | +0.0002% | 1h | 47.300 | −0.133% | — | $15K | 10x | |
| QFEX IREN-USD | +0.0018% | 1h | 47.370 | +0.015% | $1.2M | $2.1M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.441 | +0.165% | $67K | $114K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.348 | −0.032% | $4K | $8K | 5x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.390 | +0.057% | $751K | $144K | 20x | as long as short |
| Phoenix IREN | +0.0320% | 1h | 47.399 | +0.076% | $83 | $38K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0335% | 1h | 47.404 | +0.087% | $3.2M | $1.9M | 10x | as long as short |
HTX IREN-USDT
QFEX IREN-USD
Lighter RH IREN
Extended IREN_24_5-USD
KuCoin IRENUSDTM
Phoenix IREN
tradeXYZ xyz:IREN