Funding you earn now, next payment 10:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.014%
Price spread now: Gate against Lighter RH−0.096%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.096% cheaper against Lighter RH than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH IREN | 47.025 | 0.0040 | pay 0.0005% / 1h | 17m 34s | $70K | $97K | 10x |
| Short | Gate IREN_USDT | 46.980 | 0 | get 0.0000% / 8h | 6h 17m | $811K | $1.4M | 25x |
Lighter RH IREN
Gate IREN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$8.4
- Price spread: −0.096% → 0.000%
- −$9.57
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$32.97
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: no order-book sample; Gate: live order book, 3 min ago. 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 Gate live order book, 3 min ago | 3.19 bp | 25.6 bp −$26 | 77.6 bp −$776 | 125.4 bp −$12.5K | doesn't fit |
Lighter RH: 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | −0.0006% | 1h | 46.890 | −0.287% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.947 | −0.165% | $24K | $9K | 20x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.990 | −0.074% | $1.2M | $564K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.000 | −0.053% | $628K | $660K | 25x | as long as short |
| Gate IREN_USDTshort | 0.0000% | 8h | 46.980 | −0.096% | $811K | $1.4M | 25x | |
| Bitget IRENUSDT | 0.0000% | 8h | 46.965 | −0.128% | $2.1M | $646K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 46.980 | −0.095% | $183K | $101K | — | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 46.960 | −0.138% | $920 | $317K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 46.950 | −0.159% | $9K | $872 | 20x | as long as short |
| Lighter RH IRENlong | +0.0040% | 1h | 47.025 | long leg | $70K | $97K | 10x |
Vest IREN-USD-PERP
Aster IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Bitget IRENUSDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.945 | −0.169% | $4K | $4K | 5x | as long as short |
| QFEX IREN-USD | +0.0051% | 1h | 46.960 | −0.138% | $1.2M | $1.5M | 10x | as long as short |
| Binance IRENUSDT | +0.0059% | 8h | 46.990 | −0.074% | $3.5M | $6.4M | 25x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.950 | −0.159% | $604K | $177K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.970 | −0.117% | $742K | $386K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0249% | 1h | 46.981 | −0.094% | $3.1M | $2.0M | 10x | as long as short |
| GRVT IREN_USDT_Perp | +0.0255% | 8h | 46.993 | −0.067% | $4K | $231K | 10x | as long as short |
| Phoenix IREN | +0.0307% | 1h | 46.974 | −0.108% | $85 | $31K | 10x | as long as short |
Extended IREN_24_5-USD
QFEX IREN-USD
Binance IRENUSDT
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
GRVT IREN_USDT_Perp
Phoenix IREN