IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against KuCoin−0.113%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1481.477% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.244%−$24 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.113%, 7d avg −0.094%

Together, before fees−0.223%−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.094%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IRENUSDTM	47.620	0.0100	pay 0.0100% / 8h	4h 18m	$748K	$219K	20x
Short	Bitget IRENUSDT	47.566	0	get 0.0000% / 8h	4h 18m	$2.0M	$417K	20x

Funding history

latest

Range statsloading…

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −0.113%Rate

Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 1 min ago	4.20 bp	50.7 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	2.94 bp	37.1 bp −$37	doesn't fit	doesn't fit	doesn't fit

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	47.628	+0.017%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.610	−0.022%	$3.4M	$6.1M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.600	−0.042%	$1.2M	$541K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.670	+0.105%	$649K	$623K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.620	0.000%	$727K	$1.2M	25x	as long as short
Bitget IRENUSDTshort	0.0000%	8h	47.566	−0.113%	$2.0M	$417K	20x
Variational Omni IREN	0.0000%	8h	47.636	+0.034%	$213K	$87K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.640	+0.042%	$4K	$192K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.600	−0.042%	$775	$357K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.580	−0.084%	$9K	$802	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	+0.0017%	1h	47.550	−0.147%	—	$15K	10x	as long as short
Lighter RH IREN	+0.0032%	1h	47.626	+0.013%	$69K	$94K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.590	−0.063%	$4K	$7K	5x	as long as short
QFEX IREN-USD	+0.0044%	1h	47.590	−0.063%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	47.587	−0.069%	$612K	$182K	10x	as long as short
tradeXYZ xyz:IREN	+0.0082%	1h	47.599	−0.044%	$3.2M	$1.9M	10x	as long as short
KuCoin IRENUSDTMlong	+0.0100%	8h	47.620	long leg	$748K	$219K	20x
Phoenix IREN	+0.0421%	1h	47.642	+0.046%	$83	$31K	10x	as long as short