IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.007%

Price spread now: SunX against QFEX+0.042%7-day average +0.024% · 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−$152as in the Price arb table

costs, in and out, $10k−$1531.534% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.085%−$8 · spread now +0.042%, 7d avg +0.024%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$1 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	47.440	0.0032	pay 0.0004% / 1h	17m 57s	$1.2M	$2.1M	10x
Short	SunX IREN-USDT	47.460	0	get 0.0000% / 8h	17m 57s	$740	$386K	10x

Funding history

latest

Range statsloading…

SunX 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 SunXbpOrdersPrice spread, now +0.042%Rate

Slippage from QFEX: live order book, 4 min ago; SunX: live order book, 43 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, 4 min ago	3.16 bp	10.3 bp −$10	17.4 bp −$174	doesn't fit	doesn't fit
Sell SunX live order book, 43 min ago	47.43 bp	67.6 bp −$68	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	47.429	−0.022%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.450	+0.021%	$3.5M	$6.5M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.420	−0.042%	$1.2M	$485K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.440	0.000%	$662K	$667K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.420	−0.042%	$737K	$1.5M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.400	−0.084%	$2.0M	$497K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.444	+0.008%	$208K	$88K	—	as long as short
SunX IREN-USDTshort	0.0000%	8h	47.460	+0.042%	$740	$386K	10x
HTX IREN-USDT	0.0000%	8h	47.420	−0.042%	$9K	$717	20x	as long as short
Vest IREN-USD-PERP	+0.0004%	1h	47.350	−0.190%	—	$15K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT IREN_USDT_Perp	+0.0008%	8h	47.449	+0.020%	$4K	$189K	10x	as long as short
Lighter RH IREN	+0.0032%	1h	47.431	−0.019%	$68K	$111K	10x	as long as short
QFEX IREN-USDlong	+0.0032%	1h	47.440	long leg	$1.2M	$2.1M	10x
Extended IREN_24_5-USD	+0.0040%	1h	47.370	−0.148%	$4K	$8K	5x	as long as short
Paragon para:IREN	+0.0060%	1h	47.388	−0.109%	$637K	$147K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.440	0.000%	$746K	$154K	20x	as long as short
tradeXYZ xyz:IREN	+0.0239%	1h	47.406	−0.072%	$3.2M	$1.9M	10x	as long as short
Phoenix IREN	+0.0388%	1h	47.467	+0.057%	$84	$38K	10x	as long as short