Settings8H · net · $10k
Funding arb · Price arb /

IREN

RWAall IREN markets
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Alert: funding
Alert: spread
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: OKX against GRVT−0.022%101s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1201.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.022%, 7d avg −0.021%
Together, before fees−0.082%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IREN_USDT_Perp46.8100get 0.0000% / 8h1h 02m$4K$217K10x
ShortOKX IREN-USDT-SWAP46.8000get 0.0000% / 8h1h 02m$625K$693K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against GRVT. 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

Funding earned
$0
Price spread: −0.022% → −0.021%
−$0.05
Slippage, 4 orders
−$101.18
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$120.23
Costs to cover
1.202%
Break-even
never at this rate
Slippage from GRVT: live order book, 35 min ago; OKX: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 35 min ago3.21 bp42.0 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 39 min ago4.28 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit

IREN on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IRENUSDT−0.0307%8h46.770−0.086%$2.1M$528K20xas long as short
Vest IREN-USD-PERP−0.0002%1h46.690−0.257%$15K10xas long as short
Aster IRENUSDT0.0000%8h46.770−0.087%$24K$9K20xas long as short
Binance IRENUSDT0.0000%8h46.790−0.043%$3.5M$6.2M25xas long as short
Bybit IRENUSDT0.0000%8h46.770−0.086%$1.2M$550K25xas long as short
OKX IREN-USDT-SWAPshort0.0000%8h46.800−0.022%$625K$693K25x
Gate IREN_USDT0.0000%8h46.8100.000%$717K$1.2M25xas long as short
Variational Omni IREN0.0000%8h46.832+0.046%$191K$92Kas long as short
GRVT IREN_USDT_Perplong0.0000%8h46.810long leg$4K$217K10x
SunX IREN-USDT0.0000%8h46.800−0.022%$1K$337K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IREN-USDT0.0000%8h46.760−0.107%$9K$87520xas long as short
QFEX IREN-USD+0.0032%1h46.790−0.043%$1.2M$1.5M10xas long as short
Extended IREN_24_5-USD+0.0040%1h46.750−0.128%$4K$7K5xas long as short
Paragon para:IREN+0.0060%1h46.761−0.105%$602K$182K10xas long as short
Lighter RH IREN+0.0072%1h46.8100.000%$70K$98K10xas long as short
KuCoin IRENUSDTM+0.0100%8h46.780−0.064%$734K$261K20xas long as short
tradeXYZ xyz:IREN+0.0132%1h46.762−0.103%$3.1M$2.0M10xas long as short
Phoenix IREN+0.0341%1h46.813+0.006%$85$31K10xas long as short