IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0339%/8h= +37.1% APRnext payment +$0.42 per $10,000 · paid last 24h −0.006%

Price spread now: Extended against Paragon+0.152%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paragon Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Extended is 0.152% dearer against Paragon than usual: you sell high and buy low: +$15 more if the spread 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	Paragon para:IREN	46.430	−0.0299	get 0.0037% / 1h	42m 08s	$597K	$177K	10x
Short	Extended IREN_24_5-USD	46.500	0.0040	get 0.0005% / 1h	42m 08s	$4K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Paragon. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee ParagonbpFee ExtendedbpOrdersPrice spread, now +0.152%Rate

Funding earned: $71.13
Price spread: +0.152% → 0.000%: $15.16
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $71.29
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Paragon: live order book, 3 min ago; 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 Paragon live order book, 3 min ago	24.78 bp	30.2 bp −$30	44.1 bp −$441	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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
Paragon para:IRENlong	−0.0299%	1h	46.430	long leg	$597K	$177K	10x
Bitget IRENUSDT	−0.0143%	8h	46.472	+0.091%	$2.1M	$567K	20x	as long as short
Vest IREN-USD-PERP	−0.0011%	1h	46.410	−0.042%	—	$15K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	46.544	+0.246%	$24K	$9K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	46.490	+0.130%	$3.5M	$6.3M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	46.490	+0.130%	$1.2M	$567K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	46.530	+0.216%	$622K	$651K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	46.470	+0.087%	$815K	$1.3M	25x	as long as short
Variational Omni IREN	0.0000%	8h	46.452	+0.049%	$181K	$101K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	46.480	+0.109%	$5K	$224K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX IREN-USDT	0.0000%	8h	46.560	+0.281%	$1K	$326K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	46.560	+0.281%	$9K	$873	20x	as long as short
Extended IREN_24_5-USDshort	+0.0040%	1h	46.500	+0.152%	$4K	$7K	5x
QFEX IREN-USD	+0.0068%	1h	46.490	+0.130%	$1.2M	$1.4M	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	46.530	+0.216%	$735K	$300K	20x	as long as short
Lighter RH IREN	+0.0104%	1h	46.527	+0.210%	$69K	$98K	10x	as long as short
tradeXYZ xyz:IREN	+0.0206%	1h	46.450	+0.044%	$3.1M	$2.0M	10x	as long as short
Phoenix IREN	+0.0342%	1h	46.456	+0.057%	$84	$31K	10x	as long as short