Settings8H · net · $10k
Funding arb · Price arb /

IREN

RWAall IREN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Bybit+0.032%60s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1311.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.032%, 7d avg +0.035%
Together, before fees+0.090%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IRENUSDT47.0600get 0.0000% / 8h2h 50m$1.2M$545K25x
ShortGRVT IREN_USDT_Perp47.0750get 0.0000% / 8h2h 50m$4K$206K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: +0.032% → +0.035%
−$0.35
Slippage, 4 orders
−$110.83
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$131.19
Costs to cover
1.308%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.06 bp27.5 bp −$28117.6 bp −$1,176doesn't fitdoesn't fit
Sell GRVT live order book, 57 min ago3.16 bp40.0 bp −$4076.7 bp −$767doesn't fitdoesn't fit

IREN on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IRENUSDT−0.0058%8h47.058−0.004%$2.1M$500K20xas long as short
Aster IRENUSDT0.0000%8h47.031−0.061%$29K$4K20xas long as short
Binance IRENUSDT0.0000%8h47.076+0.033%$3.5M$6.2M25xas long as short
Bybit IRENUSDTlong0.0000%8h47.060long leg$1.2M$545K25x
OKX IREN-USDT-SWAP0.0000%8h47.080+0.042%$648K$652K25xas long as short
Gate IREN_USDT0.0000%8h47.120+0.127%$722K$1.2M25xas long as short
Variational Omni IREN0.0000%8h47.092+0.067%$192K$102Kas long as short
GRVT IREN_USDT_Perpshort0.0000%8h47.075+0.032%$4K$206K10x
SunX IREN-USDT0.0000%8h47.0600.000%$998$355K10xas long as short
HTX IREN-USDT0.0000%8h47.050−0.021%$9K$83320xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IREN-USD-PERP+0.0003%1h46.990−0.149%$15K10xas long as short
Lighter RH IREN+0.0040%1h47.098+0.081%$70K$95K10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.045−0.032%$4K$7K5xas long as short
QFEX IREN-USD+0.0043%1h47.080+0.042%$1.2M$1.5M10xas long as short
Paragon para:IREN+0.0060%1h47.020−0.085%$605K$182K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.070+0.021%$739K$237K20xas long as short
tradeXYZ xyz:IREN+0.0333%1h47.058−0.004%$3.1M$2.0M10xas long as short
Phoenix IREN+0.0340%1h47.041−0.040%$87$31K10xas long as short