IREN

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 0.000%

Price spread now: OKX against Bybit+0.021%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$950.947% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.021%, 7d avg +0.022%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit IRENUSDT	46.790	0	get 0.0000% / 8h	16m 28s	$1.2M	$553K	25x
Short	OKX IREN-USDT-SWAP	46.800	0	get 0.0000% / 8h	16m 28s	$625K	$691K	25x

Funding history

latest

Range statsloading…

OKX against Bybit. 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 BybitbpFee OKXbpOrdersPrice spread, now +0.021%Rate

Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 19 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	2.14 bp	26.8 bp −$27	115.3 bp −$1,153	doesn't fit	doesn't fit
Sell OKX live order book, 19 min ago	4.27 bp	25.8 bp −$26	doesn't fit	doesn't fit	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 IRENUSDT	−0.0201%	8h	46.789	−0.002%	$2.1M	$539K	20x	as long as short
Vest IREN-USD-PERP	−0.0001%	1h	46.690	−0.214%	—	$15K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	46.835	+0.096%	$24K	$9K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	46.825	+0.076%	$3.5M	$6.2M	25x	as long as short
Bybit IRENUSDTlong	0.0000%	8h	46.790	long leg	$1.2M	$553K	25x
OKX IREN-USDT-SWAPshort	0.0000%	8h	46.800	+0.021%	$625K	$691K	25x
Gate IREN_USDT	0.0000%	8h	46.830	+0.085%	$803K	$1.3M	25x	as long as short
Variational Omni IREN	0.0000%	8h	46.812	+0.047%	$191K	$92K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	46.827	+0.079%	$5K	$220K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	46.820	+0.064%	$1K	$334K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IREN-USDT	0.0000%	8h	46.790	0.000%	$9K	$877	20x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	46.760	−0.064%	$4K	$7K	5x	as long as short
QFEX IREN-USD	+0.0043%	1h	46.810	+0.043%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	46.750	−0.085%	$601K	$177K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	46.820	+0.064%	$737K	$274K	20x	as long as short
Lighter RH IREN	+0.0184%	1h	46.834	+0.094%	$70K	$98K	10x	as long as short
tradeXYZ xyz:IREN	+0.0196%	1h	46.796	+0.013%	$3.1M	$2.0M	10x	as long as short
Phoenix IREN	+0.0308%	1h	46.808	+0.038%	$83	$31K	10x	as long as short