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: Variational Omni against GRVT+0.130%89s7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.130%, 7d avg −0.023%
Together, before fees−0.147%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$15 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: Variational Omni is 0.153% dearer against GRVT than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IREN_USDT_Perp46.8500get 0.0000% / 8h40m 00s$5K$219K10x
ShortVariational Omni IREN46.9110get 0.0000% / 8h40m 00s$191K$92K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.130% → −0.023%
$15.32
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$6.32
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: GRVT: live order book, 57 min ago; Variational Omni: RFQ quote, 64 min ago. Net counts fees only.

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, 57 min ago3.21 bp42.0 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 64 min ago6.98 bpdoesn't fit55.1 bp −$551doesn'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−0.0252%8h46.852+0.004%$2.1M$532K20xas long as short
Vest IREN-USD-PERP−0.0001%1h46.790−0.128%$15K10xas long as short
Aster IRENUSDT0.0000%8h46.842−0.016%$24K$9K20xas long as short
Binance IRENUSDT0.0000%8h46.880+0.064%$3.5M$6.2M25xas long as short
Bybit IRENUSDT0.0000%8h46.870+0.043%$1.2M$552K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h46.910+0.128%$626K$690K25xas long as short
Gate IREN_USDT0.0000%8h46.920+0.149%$754K$1.2M25xas long as short
Variational Omni IRENshort0.0000%8h46.911+0.130%$191K$92K
GRVT IREN_USDT_Perplong0.0000%8h46.850long leg$5K$219K10x
SunX IREN-USDT0.0000%8h46.910+0.128%$1K$337K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IREN-USDT0.0000%8h46.860+0.021%$9K$88020xas long as short
Extended IREN_24_5-USD+0.0040%1h46.830−0.043%$4K$7K5xas long as short
QFEX IREN-USD+0.0043%1h46.870+0.043%$1.2M$1.5M10xas long as short
Lighter RH IREN+0.0048%1h46.906+0.120%$70K$97K10xas long as short
Paragon para:IREN+0.0060%1h46.836−0.029%$602K$177K10xas long as short
KuCoin IRENUSDTM+0.0100%8h46.860+0.021%$736K$264K20xas long as short
tradeXYZ xyz:IREN+0.0138%1h46.857+0.015%$3.1M$2.0M10xas long as short
Phoenix IREN+0.0308%1h46.864+0.030%$83$31K10xas long as short