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 +0.033%

Price spread now: Gate against KuCoin−0.021%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1381.378% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.021%, 7d avg −0.002%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, 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	47.480	0.0100	pay 0.0100% / 8h	3h 46m	$747K	$223K	20x
Short	Gate IREN_USDT	47.470	0	get 0.0000% / 8h	3h 46m	$722K	$1.2M	25x

Funding history

latest

Range statsloading…

Gate 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 GatebpOrdersPrice spread, now −0.021%Rate

Slippage from KuCoin: live order book, 33 min ago; Gate: live order book, 5 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, 33 min ago	4.20 bp	50.7 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	5.26 bp	34.7 bp −$35	86.3 bp −$863	122.1 bp −$12.2K	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	47.510	+0.064%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.498	+0.037%	$3.4M	$6.1M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.480	0.000%	$1.2M	$538K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.510	+0.063%	$661K	$636K	25x	as long as short
Gate IREN_USDTshort	0.0000%	8h	47.470	−0.021%	$722K	$1.2M	25x
Bitget IRENUSDT	0.0000%	8h	47.461	−0.040%	$2.1M	$495K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.507	+0.056%	$212K	$85K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.450	−0.063%	$5K	$198K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.420	−0.126%	$970	$356K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.460	−0.042%	$9K	$817	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX IREN-USD	+0.0011%	1h	47.450	−0.063%	$1.2M	$1.5M	10x	as long as short
Vest IREN-USD-PERP	+0.0018%	1h	47.400	−0.168%	—	$15K	10x	as long as short
Lighter RH IREN	+0.0032%	1h	47.519	+0.082%	$68K	$94K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.450	−0.063%	$4K	$7K	5x	as long as short
tradeXYZ xyz:IREN	+0.0060%	1h	47.475	−0.011%	$3.2M	$2.0M	10x	as long as short
KuCoin IRENUSDTMlong	+0.0100%	8h	47.480	long leg	$747K	$223K	20x
Paragon para:IREN	+0.0147%	1h	47.440	−0.084%	$610K	$182K	10x	as long as short
Phoenix IREN	+0.0286%	1h	47.480	0.000%	$84	$31K	10x	as long as short