IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.006%

Price spread now: Binance against QFEX+0.042%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1431.432% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.098%+$10 on $10k

Price spread, last 2 days (all we have)+0.045%+$4 · spread now +0.042%, 7d avg +0.033%

Together, before fees+0.143%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX IREN-USD	47.550	0.0045	pay 0.0006% / 1h	33m 35s	$1.2M	$2.0M	10x
Short	Binance IRENUSDT	47.570	0.0059	get 0.0059% / 8h	7h 33m	$3.5M	$6.3M	25x

Funding history

latest

Range statsloading…

Binance against QFEX. 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 QFEXbpFee BinancebpOrdersPrice spread, now +0.042%Rate

Slippage from QFEX: live order book, 3 min ago; Binance: 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 QFEX live order book, 3 min ago	54.59 bp	59.6 bp −$60	67.7 bp −$677	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.10 bp	14.0 bp −$14	41.0 bp −$410	190.4 bp −$19.0K	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	47.720	+0.356%	$29K	$4K	20x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.560	+0.021%	$1.2M	$471K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.620	+0.147%	$658K	$638K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.580	+0.063%	$746K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.546	−0.008%	$2.0M	$439K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.613	+0.132%	$209K	$86K	—	as long as short
SunX IREN-USDT	0.0000%	8h	47.630	+0.168%	$910	$363K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.570	+0.042%	$9K	$734	20x	as long as short
Vest IREN-USD-PERP	+0.0002%	1h	47.480	−0.147%	—	$15K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.550	0.000%	$4K	$8K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX IREN-USDlong	+0.0045%	1h	47.550	long leg	$1.2M	$2.0M	10x
Binance IRENUSDTshort	+0.0059%	8h	47.570	+0.042%	$3.5M	$6.3M	25x
Paragon para:IREN	+0.0060%	1h	47.530	−0.042%	$639K	$146K	10x	as long as short
Lighter RH IREN	+0.0096%	1h	47.620	+0.147%	$68K	$108K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.570	+0.042%	$749K	$160K	20x	as long as short
Phoenix IREN	+0.0337%	1h	47.639	+0.187%	$88	$35K	10x	as long as short
GRVT IREN_USDT_Perp	+0.0492%	8h	47.600	+0.104%	$4K	$184K	10x	as long as short
tradeXYZ xyz:IREN	+0.0627%	1h	47.588	+0.080%	$3.2M	$1.9M	10x	as long as short