Settings8H · net · $10k
Funding arb · Price arb /

IREN

RWAall IREN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against SunX+0.017%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2712.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now +0.017%, 7d avg +0.017%
Together, before fees+0.410%+ Points / potential airdropGRVT: Active · farm board+$41 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX IREN-USDT46.4500get 0.0000% / 8h7h 44m$1K$327K10x
ShortGRVT IREN_USDT_Perp46.4580get 0.0000% / 8h7h 44m$4K$223K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against SunX. 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

Funding earned
$0
Price spread: +0.017% → +0.017%
$0.01
Slippage, 4 orders
−$253.88
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$270.87
Costs to cover
2.709%
Break-even
never at this rate
Slippage from SunX: live order book, 66 min ago; GRVT: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 66 min ago47.02 bp65.6 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 48 min ago5.33 bp42.5 bp −$4379.7 bp −$797doesn't fitdoesn't fit

IREN on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:IREN−0.0374%1h46.408−0.090%$597K$177K10xas long as short
Bitget IRENUSDT−0.0149%8h46.559+0.235%$2.1M$559K20xas long as short
Vest IREN-USD-PERP−0.0010%1h46.350−0.215%$15K10xas long as short
Aster IRENUSDT0.0000%8h46.584+0.289%$24K$9K20xas long as short
Binance IRENUSDT0.0000%8h46.601+0.325%$3.5M$6.3M25xas long as short
Bybit IRENUSDT0.0000%8h46.590+0.301%$1.2M$568K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h46.600+0.323%$623K$655K25xas long as short
Gate IREN_USDT0.0000%8h46.530+0.172%$816K$1.3M25xas long as short
Variational Omni IREN0.0000%8h46.452+0.005%$181K$101Kas long as short
GRVT IREN_USDT_Perpshort0.0000%8h46.458+0.017%$4K$223K10x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX IREN-USDTlong0.0000%8h46.450long leg$1K$327K10x
HTX IREN-USDT0.0000%8h46.4500.000%$9K$87420xas long as short
Extended IREN_24_5-USD+0.0040%1h46.500+0.108%$4K$7K5xas long as short
QFEX IREN-USD+0.0068%1h46.460+0.022%$1.2M$1.5M10xas long as short
KuCoin IRENUSDTM+0.0100%8h46.540+0.194%$734K$297K20xas long as short
Lighter RH IREN+0.0136%1h46.527+0.166%$70K$97K10xas long as short
tradeXYZ xyz:IREN+0.0252%1h46.506+0.121%$3.1M$2.0M10xas long as short
Phoenix IREN+0.0342%1h46.456+0.013%$84$31K10xas long as short