Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against GRVT−0.086%73s7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1461.463% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.086%, 7d avg −0.108%
=Together, before fees−0.160%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% dearer against GRVT than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.108%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT IREN_USDT_Perp | 47.500 | 0 | get 0.0000% / 8h | 4h 46m | $4K | $187K | 10x |
| Short | Bitget IRENUSDT | 47.459 | 0 | get 0.0000% / 8h | 4h 46m | $2.0M | $416K | 20x |
GRVT IREN_USDT_Perp
Bitget IRENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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: −0.086% → −0.108%
- $2.2
- Slippage, 4 orders
- −$125.32
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$144.12
- Costs to cover
- 1.463%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 7 min ago; Bitget: live order book, 1 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 GRVT live order book, 7 min ago | 4.21 bp | 48.2 bp −$48 | 82.5 bp −$825 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.11 bp | 15.0 bp −$15 | doesn't fit | 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 | 47.507 | +0.015% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.490 | −0.021% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.460 | −0.084% | $1.2M | $542K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.480 | −0.042% | $645K | $622K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.490 | −0.021% | $723K | $1.2M | 25x | as long as short |
| Bitget IRENUSDTshort | 0.0000% | 8h | 47.459 | −0.086% | $2.0M | $416K | 20x | |
| Variational Omni IREN | 0.0000% | 8h | 47.482 | −0.039% | $212K | $87K | — | as long as short |
| GRVT IREN_USDT_Perplong | 0.0000% | 8h | 47.500 | long leg | $4K | $187K | 10x | |
| SunX IREN-USDT | 0.0000% | 8h | 47.500 | 0.000% | $1K | $358K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.440 | −0.126% | $9K | $793 | 20x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0012% | 1h | 47.440 | −0.126% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.516 | +0.034% | $69K | $94K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.470 | −0.063% | $4K | $7K | 5x | as long as short |
| QFEX IREN-USD | +0.0044% | 1h | 47.480 | −0.042% | $1.2M | $1.7M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.458 | −0.088% | $610K | $182K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0092% | 1h | 47.500 | 0.000% | $3.2M | $1.9M | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.490 | −0.021% | $746K | $213K | 20x | as long as short |
| Phoenix IREN | +0.0421% | 1h | 47.534 | +0.072% | $92 | $31K | 10x | as long as short |
Vest IREN-USD-PERP
Lighter RH IREN
Extended IREN_24_5-USD
QFEX IREN-USD
Paragon para:IREN
tradeXYZ xyz:IREN
KuCoin IRENUSDTM
Phoenix IREN