Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.012%
Price spread now: OKX against Lighter RH+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.023%−$2 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
The price spread pays, funding is against you. OKX is 0.136% dearer against Lighter RH than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.5 days. At the pace of the last 7 days (−0.023% in total) that is about 41 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH IREN | 47.016 | 0.0048 | pay 0.0006% / 1h | 47m 01s | $70K | $95K | 10x |
| Short | OKX IREN-USDT-SWAP | 47.080 | 0 | get 0.0000% / 8h | 2h 47m | $648K | $652K | 25x |
Lighter RH IREN
OKX IREN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.08
- Price spread: +0.136% → 0.000%
- $13.61
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$6.47
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter RH: no order-book sample; OKX: live order book, 64 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 OKX live order book, 64 min ago | 5.27 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.0074% | 8h | 47.058 | +0.089% | $2.1M | $500K | 20x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.939 | −0.164% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 46.982 | −0.073% | $3.4M | $6.2M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.960 | −0.119% | $1.2M | $545K | 25x | as long as short |
| OKX IREN-USDT-SWAPshort | 0.0000% | 8h | 47.080 | +0.136% | $648K | $652K | 25x | |
| Gate IREN_USDT | 0.0000% | 8h | 47.020 | +0.009% | $722K | $1.2M | 25x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.092 | +0.161% | $192K | $102K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.097 | +0.172% | $4K | $206K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.020 | +0.009% | $857 | $355K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.010 | −0.013% | $9K | $835 | 20x | as long as short |
Bitget IRENUSDT
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
Gate IREN_USDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0002% | 1h | 46.900 | −0.247% | — | $15K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.950 | −0.140% | $4K | $7K | 5x | as long as short |
| QFEX IREN-USD | +0.0043% | 1h | 47.000 | −0.034% | $1.2M | $1.5M | 10x | as long as short |
| Lighter RH IRENlong | +0.0048% | 1h | 47.016 | long leg | $70K | $95K | 10x | |
| Paragon para:IREN | +0.0060% | 1h | 46.975 | −0.087% | $604K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.990 | −0.055% | $738K | $238K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0315% | 1h | 46.966 | −0.106% | $3.1M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0340% | 1h | 47.060 | +0.094% | $82 | $31K | 10x | as long as short |
Vest IREN-USD-PERP
Extended IREN_24_5-USD
QFEX IREN-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN