IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.082%

Price spread now: tradeXYZ against OKX−0.008%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$780.783% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.339%+$34 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.008%, 7d avg −0.005%

Together, before fees+0.369%+ Points / potential airdroptradeXYZ: Active · farm board+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

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	3h 05m	$647K	$649K	25x
Short	tradeXYZ xyz:IREN	47.076	0.0171	get 0.0021% / 1h	5m 19s	$3.2M	$2.0M	10x

Funding history

latest

Range statsloading…

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.008%Rate

Slippage from OKX: live order book, 46 min ago; tradeXYZ: live order book, 2 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, 46 min ago	5.27 bp	18.6 bp −$19	1230.1 bp −$12.3K	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 2 min ago	2.12 bp	16.2 bp −$16	doesn't fit	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
Aster IRENUSDT	0.0000%	8h	47.119	+0.082%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.080	0.000%	$3.4M	$6.1M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.070	−0.021%	$1.2M	$544K	25x	as long as short
OKX IREN-USDT-SWAPlong	0.0000%	8h	47.080	long leg	$647K	$649K	25x
Gate IREN_USDT	0.0000%	8h	47.100	+0.042%	$723K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.043	−0.079%	$2.1M	$499K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.087	+0.014%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.132	+0.111%	$4K	$204K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.130	+0.106%	$978	$355K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.070	−0.021%	$9K	$830	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	46.980	−0.212%	—	$15K	10x	as long as short
QFEX IREN-USD	+0.0011%	1h	47.080	0.000%	$1.2M	$1.5M	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.030	−0.106%	$4K	$7K	5x	as long as short
Lighter RH IREN	+0.0064%	1h	47.127	+0.100%	$69K	$97K	10x	as long as short
Paragon para:IREN	+0.0071%	1h	47.061	−0.040%	$605K	$182K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.090	+0.021%	$740K	$232K	20x	as long as short
tradeXYZ xyz:IRENshort	+0.0171%	1h	47.076	−0.008%	$3.2M	$2.0M	10x
Phoenix IREN	+0.0286%	1h	47.109	+0.062%	$84	$31K	10x	as long as short