Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.063%
Price spread now: Bybit against Gate0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.882% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now 0.000%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IREN_USDT | 47.410 | 0 | get 0.0000% / 8h | 5h 38m | $720K | $1.2M | 25x |
| Short | Bybit IRENUSDT | 47.410 | 0 | get 0.0000% / 8h | 5h 38m | $1.2M | $541K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: 0.000% → −0.013%
- $1.3
- Slippage, 4 orders
- −$62.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$86.91
- Costs to cover
- 0.882%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 3 min ago.
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 Gate live order book, 4 min ago | 3.16 bp | 15.3 bp −$15 | 47.3 bp −$473 | 74.9 bp −$7,493 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.05 bp | 22.1 bp −$22 | 109.9 bp −$1,099 | doesn't fit | doesn't fit |
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 | 47.524 | +0.240% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.420 | +0.021% | $3.4M | $6.1M | 25x | as long as short |
| Bybit IRENUSDTshort | 0.0000% | 8h | 47.410 | 0.000% | $1.2M | $541K | 25x | |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.390 | −0.042% | $646K | $621K | 25x | as long as short |
| Gate IREN_USDTlong | 0.0000% | 8h | 47.410 | long leg | $720K | $1.2M | 25x | |
| Bitget IRENUSDT | 0.0000% | 8h | 47.404 | −0.013% | $2.0M | $431K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.401 | −0.019% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.401 | −0.019% | $4K | $181K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.430 | +0.042% | $1K | $357K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.390 | −0.042% | $9K | $776 | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0006% | 1h | 47.330 | −0.169% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0026% | 1h | 47.420 | +0.021% | $1.2M | $1.8M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.449 | +0.082% | $69K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.370 | −0.084% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.367 | −0.091% | $609K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.400 | −0.021% | $746K | $200K | 20x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.422 | +0.025% | $84 | $31K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0387% | 1h | 47.420 | +0.021% | $3.2M | $1.9M | 10x | as long as short |
Gate IREN_USDT
Bybit IRENUSDT
Aster IRENUSDT
Binance IRENUSDT
OKX IREN-USDT-SWAP
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDT
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN
tradeXYZ xyz:IREN