Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Lighter RH−0.120%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 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.120% cheaper against Lighter RH than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH IREN | 47.512 | 0.0032 | pay 0.0004% / 1h | 30m 13s | $69K | $96K | 10x |
| Short | Extended IREN_24_5-USD | 47.455 | 0.0040 | get 0.0005% / 1h | 30m 13s | $4K | $7K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.120% → 0.000%
- −$12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$15.32
- Costs to cover
- 0.050%
- Break-even
- 70.8 days
Slippage unknown: Lighter RH: no order-book sample; Extended: 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 no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Lighter RH and Extended: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IRENUSDT | 0.0000% | 8h | 47.552 | +0.084% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.490 | −0.046% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.470 | −0.088% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.480 | −0.067% | $647K | $621K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.490 | −0.046% | $721K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.453 | −0.124% | $2.0M | $429K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.505 | −0.014% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.474 | −0.081% | $5K | $182K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.510 | −0.004% | $1K | $357K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.450 | −0.130% | $9K | $779 | 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 | +0.0008% | 1h | 47.410 | −0.215% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0026% | 1h | 47.480 | −0.067% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RH IRENlong | +0.0032% | 1h | 47.512 | long leg | $69K | $96K | 10x | |
| Extended IREN_24_5-USDshort | +0.0040% | 1h | 47.455 | −0.120% | $4K | $7K | 5x | |
| Paragon para:IREN | +0.0060% | 1h | 47.444 | −0.142% | $610K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.460 | −0.109% | $745K | $204K | 20x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.468 | −0.093% | $84 | $31K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0372% | 1h | 47.478 | −0.072% | $3.2M | $1.9M | 10x | as long as short |
Lighter RH IREN
Extended IREN_24_5-USD
Aster IRENUSDT
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
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN
tradeXYZ xyz:IREN