Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG41.14000.0000% / 8h2h 17m$1K$147K10xLong SunX≤10% back
SHORT40.710+0.0050get 0.0050% / 8h2h 17m$908K$1.8M—Short BingX
Price gap−1.045%
Funding gap+0.0050% /8h

Funding pays +$2 a day on $10k, but the gap is 1.061% under its 7d average: −$106 if it goes back, about 2 months of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0050% /8h now · paid +0.110% over the last 7D
Price−$106spread −1.045% now, avg +0.016% → −1.061% if it goes back
Costs−$1551.548% of $10k · taker + slippage, in and out

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−1.045%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IREN on 21 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size64.9 / 14.2 bp
    At $10k entering SunX costs 64.9 bp, fee and slippage, 4.6× BingX’s.
  • Note: Margin at max leverage$1,000 + —
    SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$1.50Long SunX: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
  • Watch: Gap narrower than usual−1.045% vs +0.016%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$1K vs $908K OI
    SunX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCSunX No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0052%/8h × 21 periods+$11.01
Price spread−1.045% → +0.016% (7d avg)−$106.15
Slippage, 4 orderslive order books−$136.82
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$249.96
Costs to cover1.548%Break-even165.9 days
Slippage: SunX: live order book, 40 min ago; BingX: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX46.1664.9 bp−$65doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX1.2114.2 bp−$1447.9 bp−$479145.7 bp−$14.6K731.7 bp−$365.8K

Closing costs about the same again.

Alert

IREN news

posts that mention IREN, from every exchangeSearch all news →
09-28 10:22BloFinListingnew market IREN-USDT ($IREN) seen by our collector
09-28 08:57BloFinListingBloFin Futures will list the $IREN-USDT, $APP-USDT, $ADBE-USDT, $CRDO-USDT, and. $COST-USDT Perpetual Contracts 👀 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market IREN/USD ($IREN) seen by our collector
09-18 17:43AvantisOtherAI infra. $ARM — AGI CPU upside, or competing with the licensees who pay the royalties? $DELL — AI server winner, or custom racks eating the margin? $WDC — pricing power that's structurally re-rated, or peak-cycle earnings on a multiple that assumes it never breaks? $LITE — OCS and in-rack optics expanding the TAM, or a supply-constrained component vendor with three customers? $NBIS — Meta-scale neocloud winner, or thin-margin GPU landlord? $IREN — miner→AI cloud with real MW, or leveraged GPU financing? $BE — fuel cells unlocking AI power, or a multiple that needs a broken grid? @verantaxyz on X ↗
09-18 12:57ParagonListingCiena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗