Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.051%
Price spread now: Gate against Extended+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Gate is 0.063% dearer against Extended than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IREN_24_5-USD | 47.500 | 0.0040 | pay 0.0005% / 1h | 51m 36s | $4K | $7K | 5x |
| Short | Gate IREN_USDT | 47.530 | 0 | get 0.0000% / 8h | 3h 51m | $722K | $1.2M | 25x |
Extended IREN_24_5-USD
Gate IREN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$8.4
- Price spread: +0.063% → 0.000%
- $6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$22.08
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Gate: live order book, 6 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 6 min ago | 3.15 bp | 49.1 bp −$49 | 90.6 bp −$906 | 129.6 bp −$13.0K | doesn't fit |
Extended: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IRENUSDT | 0.0000% | 8h | 47.557 | +0.119% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.520 | +0.041% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.490 | −0.021% | $1.2M | $542K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.580 | +0.168% | $648K | $622K | 25x | as long as short |
| Gate IREN_USDTshort | 0.0000% | 8h | 47.530 | +0.063% | $722K | $1.2M | 25x | |
| Bitget IRENUSDT | 0.0000% | 8h | 47.509 | +0.019% | $2.1M | $499K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.587 | +0.182% | $212K | $86K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.565 | +0.137% | $4K | $197K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.610 | +0.232% | $922 | $356K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.490 | −0.021% | $9K | $815 | 20x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IREN-USD | +0.0011% | 1h | 47.470 | −0.063% | $1.2M | $1.5M | 10x | as long as short |
| Vest IREN-USD-PERP | +0.0018% | 1h | 47.440 | −0.126% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.542 | +0.088% | $68K | $94K | 10x | as long as short |
| Extended IREN_24_5-USDlong | +0.0040% | 1h | 47.500 | long leg | $4K | $7K | 5x | |
| tradeXYZ xyz:IREN | +0.0050% | 1h | 47.501 | +0.002% | $3.2M | $2.0M | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.510 | +0.021% | $747K | $223K | 20x | as long as short |
| Paragon para:IREN | +0.0212% | 1h | 47.480 | −0.042% | $610K | $182K | 10x | as long as short |
| Phoenix IREN | +0.0286% | 1h | 47.558 | +0.122% | $87 | $31K | 10x | as long as short |
QFEX IREN-USD
Vest IREN-USD-PERP
Lighter RH IREN
tradeXYZ xyz:IREN
KuCoin IRENUSDTM
Paragon para:IREN
Phoenix IREN