Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.039%
Price spread now: Aster against Lighter RH−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH IREN | 47.438 | 0.0032 | pay 0.0004% / 1h | 5m 38s | $67K | $114K | 10x |
| Short | Aster IRENUSDT | 47.436 | 0 | get 0.0000% / 8h | 2h 05m | $29K | $4K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter RH. 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
- −$6.72
- Price spread: −0.004% → 0.000%
- −$0.43
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$15.15
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 16 min ago; Aster: 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 Lighter RH live order book, 16 min ago | 0.32 bp | 12.7 bp −$13 | 91.1 bp −$911 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:IREN | −0.0059% | 1h | 47.360 | −0.164% | $622K | $126K | 10x | as long as short |
| Aster IRENUSDTshort | 0.0000% | 8h | 47.436 | −0.004% | $29K | $4K | 20x | |
| Binance IRENUSDT | 0.0000% | 8h | 47.410 | −0.059% | $3.4M | $6.7M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.380 | −0.122% | $1.2M | $503K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.400 | −0.080% | $662K | $692K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.390 | −0.101% | $742K | $1.6M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.360 | −0.164% | $2.0M | $538K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.419 | −0.039% | $187K | $68K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.410 | −0.059% | $4K | $204K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.410 | −0.059% | $494 | $390K | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | 0.0000% | 8h | 47.280 | −0.333% | $9K | $682 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0001% | 1h | 47.310 | −0.270% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0018% | 1h | 47.380 | −0.122% | $1.2M | $2.1M | 10x | as long as short |
| Lighter RH IRENlong | +0.0032% | 1h | 47.438 | long leg | $67K | $114K | 10x | |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.355 | −0.175% | $4K | $8K | 5x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.390 | −0.101% | $751K | $144K | 20x | as long as short |
| Phoenix IREN | +0.0320% | 1h | 47.399 | −0.082% | $84 | $38K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0330% | 1h | 47.397 | −0.086% | $3.2M | $1.9M | 10x | as long as short |
Lighter RH IREN
Aster IRENUSDT
Paragon para:IREN
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDT
Extended IREN_24_5-USD
KuCoin IRENUSDTM
Phoenix IREN
tradeXYZ xyz:IREN