IREN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BloFinIREN-USDT	24.200	+0.0120	pay 0.0120% / 8h	5h 06m	$299K	$77K	25x	Long BloFin
SHORT	GRVTIREN_USDT_Perp	24.160	0	0.0000% / 8h	5h 06m	$4K	$138K	10x	Short GRVT

Price gap−0.164%

Funding gap−0.0120% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.156% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$30−0.0120% /8h now · paid −0.298% over the last 7D

Price−$16spread −0.164% now, avg −0.008% → −0.156% if it goes back

Costs−$600.604% of $10k · taker + slippage, in and out

Result−$106−1.06%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.164%

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 23 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size12.2 / 15.1 bp
At $10k entering GRVT costs 15.1 bp, fee and slippage, 1.2× BloFin’s.
Note: Margin at max leverage$400 + $1,000
BloFin 25x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$3.60Long BloFin: 3 payments, −$3.60; short GRVT: 3 payments, $0.00.
Watch: Gap narrower than usual−0.164% vs −0.008%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$4K vs $299K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCBloFin Limited · GRVT No
No ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0142%/8h × 21 periods−$29.83

Price spread−0.164% → −0.008% (7d avg)−$15.64

Slippage, 4 orderslive order books−$39.39

Fee BloFin bp × 2 orders−$12.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$105.87

Costs to cover0.604%Break-evennever at this rate

Slippage: BloFin: live order book, 6 min ago; GRVT: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBloFin6.2112.2 bp−$1223.3 bp−$23382.0 bp−$8,204doesn’t fit

SELL · SHORTGRVT4.1315.1 bp−$1551.0 bp−$510doesn’t fitdoesn’t fit

Closing costs about the same again.

IREN news

posts that mention IREN, from every exchangeSearch all news →

10-15 16:35	Vest Markets	Other	Neocloud names are extending losses today, with $NBIS down around 5% on the session, on top of a 10% drawdown yesterday. Gartner published a report on Wednesday on AI infrastructure spending, naming neoclouds among the segments most exposed to the gap between revenue and capex. The move is broader across the group, with $IREN down around 8% and $CRWV around 2.3% on the session. @VestExchange on X ↗
10-12 07:11	Bitget	Other	$IREN is up 8% overnight, what’s your take on it today? @bitget on X ↗
10-08 15:01	Vest Markets	Other	Trade $IREN, $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
10-08 15:01	Vest Markets	Other	AI infrastructure names are extending losses, with $IREN down around 5% and $NBIS around 3% on the session. On Wednesday, SemiAnalysis posted user reports of multi-day outages and storage failures at the legacy $IREN sites in British Columbia. $NBIS is on a second session of losses, with a filing showing its COO sold 500,000 shares on Monday under a preset trading plan. @VestExchange on X ↗
09-28 10:22	BloFin	Listing	new market IREN-USDT ($IREN) seen by our collector
09-28 08:57	BloFin	Listing	BloFin 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 ↗