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: SunX against KuCoin−0.021%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2522.518% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now −0.021%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, 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 | 47.530 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $747K | $211K | 20x |
| Short | SunX IREN-USDT | 47.520 | 0 | get 0.0000% / 8h | 5h 02m | $1K | $359K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.021% → −0.013%
- −$0.84
- Slippage, 4 orders
- −$231.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$273.63
- Costs to cover
- 2.518%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; SunX: live order book, 28 min ago.
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, 22 min ago | 9.48 bp | 67.5 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 28 min ago | 48.42 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
IREN on 18 venues
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 | 47.561 | +0.064% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.526 | −0.009% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.500 | −0.063% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.550 | +0.042% | $648K | $621K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.520 | −0.021% | $721K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.497 | −0.069% | $2.0M | $419K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.531 | +0.002% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.542 | +0.024% | $5K | $185K | 10x | as long as short |
| SunX IREN-USDTshort | 0.0000% | 8h | 47.520 | −0.021% | $1K | $359K | 10x | |
| HTX IREN-USDT | 0.0000% | 8h | 47.490 | −0.084% | $9K | $789 | 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 | +0.0010% | 1h | 47.450 | −0.168% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0026% | 1h | 47.510 | −0.042% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.555 | +0.053% | $69K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.495 | −0.074% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.490 | −0.084% | $611K | $182K | 10x | as long as short |
| KuCoin IRENUSDTMlong | +0.0100% | 8h | 47.530 | long leg | $747K | $211K | 20x | |
| tradeXYZ xyz:IREN | +0.0339% | 1h | 47.502 | −0.059% | $3.2M | $1.9M | 10x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.579 | +0.103% | $83 | $31K | 10x | as long as short |
KuCoin IRENUSDTM
SunX IREN-USDT
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
HTX IREN-USDT
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
tradeXYZ xyz:IREN
Phoenix IREN