IREN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTIREN_USDT_Perp	25.830	0	0.0000% / 8h	58m 18s	$4K	$158K	10x	Long GRVT
SHORT	TxFlowIREN-USDC	25.960	+0.0100	get 0.0013% / 1h	58m 18s	$16K	$119K	20x	Short TxFlow5% off

Price gap+0.502%60s

Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.641% above its 7d average: +$64 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$17+0.0100% /8h now · paid +0.170% over the last 7D

Price—spread +0.502%60s now · prices read too far apart to compare

Costs−$500.499% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · TxFlow: points · farm boardneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.502%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IREN on 23 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Large against open interest10.5 / 8.6 bp
$10k is over 10% of GRVT’s open interest.
Note: Margin at max leverage$1,000 + $500
GRVT 10x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$3.00Long GRVT: 3 payments, $0.00; short TxFlow: 24 payments, +$3.00.
Watch: Prices read 60 s apart+0.502% vs −0.139%
Part of this gap may be the market moving.
Watch: Long leg is thinner$4K vs $16K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legGRVT No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0081%/8h × 21 periods+$17.01

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$31.93

Fee GRVT bp × 2 orders−$9.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$32.92

price spread not counted: prices read too far apart

Costs to cover0.499%Break-even20.6 days

Slippage: GRVT: live order book, 43 min ago; TxFlow: live order book, 59 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGRVT6.0310.5 bp−$1129.5 bp−$295doesn’t fitdoesn’t fit

SELL · SHORTTxFlow4.128.6 bp−$919.5 bp−$195doesn’t fitdoesn’t fit

Closing costs about the same again.

IREN news

posts that mention IREN, from every exchangeSearch all news →

10-26 13:30	Vest Markets	Other	Into the open, $CRWV is down around 4%, leading neocloud shares lower with $NBIS and $IREN down around 3%. Elon Musk said Sunday that debt markets have nearly shut off financing for firms lacking non-AI revenue, with 200+ neoclouds facing consolidation. Trade $CRWV and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗
10-15 16:35	Vest Markets	Other	Neocloud names are extending losses today, with $NBIS down around 5% on the session, on top of a 10% drawdown yesterday. Gartner published a report on Wednesday on AI infrastructure spending, naming neoclouds among the segments most exposed to the gap between revenue and capex. The move is broader across the group, with $IREN down around 8% and $CRWV around 2.3% on the session. @VestExchange on X ↗
10-12 07:11	Bitget	Other	$IREN is up 8% overnight, what’s your take on it today? @bitget on X ↗
10-08 15:01	Vest Markets	Other	Trade $IREN, $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
10-08 15:01	Vest Markets	Other	AI infrastructure names are extending losses, with $IREN down around 5% and $NBIS around 3% on the session. On Wednesday, SemiAnalysis posted user reports of multi-day outages and storage failures at the legacy $IREN sites in British Columbia. $NBIS is on a second session of losses, with a filing showing its COO sold 500,000 shares on Monday under a preset trading plan. @VestExchange on X ↗
09-28 10:22	BloFin	Listing	new market IREN-USDT ($IREN) seen by our collector