Funding you earn now, next payment 00:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.093%
Price spread now: tradeXYZ against Extended+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and tradeXYZ is 0.105% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IREN_24_5-USD | 47.400 | 0.0040 | pay 0.0005% / 1h | 13m 48s | $4K | $8K | 5x |
| Short | tradeXYZ xyz:IREN | 47.450 | 0.0246 | get 0.0031% / 1h | 13m 48s | $3.2M | $1.9M | 10x |
Extended IREN_24_5-USD
tradeXYZ xyz:IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $43.28
- Price spread: +0.105% → 0.000%
- $10.55
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $30.83
- Costs to cover
- 0.230%
- Break-even
- 2.0 days
Slippage unknown: Extended: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 2.11 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | 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 | 47.454 | +0.114% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.471 | +0.151% | $3.5M | $6.5M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.420 | +0.042% | $1.2M | $485K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.440 | +0.084% | $662K | $667K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.470 | +0.148% | $738K | $1.5M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.419 | +0.040% | $2.0M | $497K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.468 | +0.144% | $207K | $88K | — | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.470 | +0.148% | $760 | $385K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.430 | +0.063% | $9K | $718 | 20x | as long as short |
| GRVT IREN_USDT_Perp | +0.0002% | 8h | 47.462 | +0.131% | $4K | $189K | 10x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDT
GRVT IREN_USDT_PerpShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0003% | 1h | 47.360 | −0.084% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.483 | +0.175% | $68K | $111K | 10x | as long as short |
| QFEX IREN-USD | +0.0032% | 1h | 47.420 | +0.042% | $1.2M | $2.1M | 10x | as long as short |
| Extended IREN_24_5-USDlong | +0.0040% | 1h | 47.400 | long leg | $4K | $8K | 5x | |
| Paragon para:IREN | +0.0060% | 1h | 47.421 | +0.045% | $637K | $147K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.460 | +0.127% | $746K | $154K | 20x | as long as short |
| tradeXYZ xyz:IRENshort | +0.0246% | 1h | 47.450 | +0.105% | $3.2M | $1.9M | 10x | |
| Phoenix IREN | +0.0388% | 1h | 47.459 | +0.124% | $84 | $38K | 10x | as long as short |
Vest IREN-USD-PERP
Lighter RH IREN
QFEX IREN-USD
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN