IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX−0.021%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1031.026% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.021%, 7d avg −0.020%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX IREN-USDT-SWAP	47.080	0	get 0.0000% / 8h	2h 50m	$648K	$653K	25x
Short	Bybit IRENUSDT	47.070	0	get 0.0000% / 8h	2h 50m	$1.2M	$545K	25x

Funding history

latest

Range statsloading…

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now −0.021%Rate

Slippage from OKX: live order book, 60 min ago; Bybit: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 60 min ago	5.27 bp	18.6 bp −$19	1230.1 bp −$12.3K	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.06 bp	28.3 bp −$28	108.4 bp −$1,084	doesn't fit	doesn't fit

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	−0.0056%	8h	47.058	−0.047%	$2.1M	$501K	20x	as long as short
Aster IRENUSDT	0.0000%	8h	47.060	−0.041%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.090	+0.021%	$3.5M	$6.2M	25x	as long as short
Bybit IRENUSDTshort	0.0000%	8h	47.070	−0.021%	$1.2M	$545K	25x
OKX IREN-USDT-SWAPlong	0.0000%	8h	47.080	long leg	$648K	$653K	25x
Gate IREN_USDT	0.0000%	8h	47.130	+0.106%	$722K	$1.2M	25x	as long as short
Variational Omni IREN	0.0000%	8h	47.092	+0.025%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.075	−0.011%	$4K	$206K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.060	−0.042%	$998	$355K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.050	−0.064%	$9K	$833	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	+0.0003%	1h	46.990	−0.191%	—	$15K	10x	as long as short
Lighter RH IREN	+0.0040%	1h	47.109	+0.062%	$70K	$95K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.045	−0.074%	$4K	$7K	5x	as long as short
QFEX IREN-USD	+0.0043%	1h	47.110	+0.064%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	47.057	−0.049%	$605K	$182K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.080	0.000%	$739K	$237K	20x	as long as short
tradeXYZ xyz:IREN	+0.0339%	1h	47.082	+0.004%	$3.2M	$2.0M	10x	as long as short
Phoenix IREN	+0.0340%	1h	47.041	−0.083%	$87	$31K	10x	as long as short