IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.006%

Price spread now: Vest against Extended−0.085%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 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 · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.085% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IREN_24_5-USD	46.800	0.0040	pay 0.0005% / 1h	37m 26s	$4K	$7K	5x
Short	Vest IREN-USD-PERP	46.760	−0.0001	pay 0.0000% / 1h	37m 26s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee VestbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$8.67
Price spread: −0.085% → 0.000%: −$8.55
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Vest: 1 bp × 2 orders: −$2
Net: −$24.22
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample	—	—	—	—	—

Extended and Vest: 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
Bitget IRENUSDT	−0.0242%	8h	46.813	+0.028%	$2.1M	$538K	20x	as long as short
Vest IREN-USD-PERPshort	−0.0001%	1h	46.760	−0.085%	—	$15K	10x
Aster IRENUSDT	0.0000%	8h	46.886	+0.184%	$24K	$9K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	46.867	+0.144%	$3.5M	$6.2M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	46.820	+0.043%	$1.2M	$552K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	46.910	+0.235%	$626K	$690K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	46.890	+0.192%	$754K	$1.2M	25x	as long as short
Variational Omni IREN	0.0000%	8h	46.911	+0.237%	$191K	$92K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	46.889	+0.191%	$5K	$219K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	46.890	+0.192%	$1K	$337K	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	46.860	+0.128%	$9K	$878	20x	as long as short
Extended IREN_24_5-USDlong	+0.0040%	1h	46.800	long leg	$4K	$7K	5x
QFEX IREN-USD	+0.0043%	1h	46.850	+0.107%	$1.2M	$1.5M	10x	as long as short
Lighter RH IREN	+0.0048%	1h	46.861	+0.130%	$70K	$97K	10x	as long as short
Paragon para:IREN	+0.0060%	1h	46.790	−0.021%	$602K	$177K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	46.860	+0.128%	$737K	$264K	20x	as long as short
tradeXYZ xyz:IREN	+0.0141%	1h	46.827	+0.058%	$3.1M	$2.0M	10x	as long as short
Phoenix IREN	+0.0308%	1h	46.826	+0.056%	$86	$31K	10x	as long as short