IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

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

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IRENUSDTM	47.350	0.0100	pay 0.0100% / 8h	5h 44m	$748K	$418K	20x
Short	HTX IREN-USDT	47.340	0	get 0.0000% / 8h	5h 44m	$9K	$874	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee HTXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$21
Price spread: −0.021% → 0.000%: −$2.11
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$47.11
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 62 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

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, 62 min ago	10.64 bp	104.0 bp −$104	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

IREN on 18 exchanges

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	47.329	−0.045%	$24K	$9K	20x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.310	−0.084%	$1.2M	$563K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.340	−0.021%	$636K	$673K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.320	−0.063%	$815K	$1.4M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.282	−0.144%	$2.1M	$648K	20x	as long as short
SunX IREN-USDT	0.0000%	8h	47.320	−0.063%	$1K	$311K	10x	as long as short
HTX IREN-USDTshort	0.0000%	8h	47.340	−0.021%	$9K	$874	20x
Vest IREN-USD-PERP	+0.0005%	1h	47.260	−0.190%	—	$15K	10x	as long as short
Lighter RH IREN	+0.0032%	1h	47.348	−0.004%	$71K	$96K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.270	−0.169%	$4K	$4K	5x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni IREN	+0.0040%	8h	47.358	+0.017%	$185K	$101K	—	as long as short
QFEX IREN-USD	+0.0049%	1h	47.330	−0.042%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	47.278	−0.153%	$608K	$177K	10x	as long as short
KuCoin IRENUSDTMlong	+0.0100%	8h	47.350	long leg	$748K	$418K	20x
Binance IRENUSDT	+0.0166%	8h	47.334	−0.034%	$3.5M	$6.5M	25x	as long as short
tradeXYZ xyz:IREN	+0.0274%	1h	47.349	−0.002%	$3.2M	$2.1M	10x	as long as short
Phoenix IREN	+0.0321%	1h	47.468	+0.249%	$84	$31K	10x	as long as short
GRVT IREN_USDT_Perp	+0.0520%	8h	47.420	+0.148%	$4K	$234K	10x	as long as short