IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.122%

Price spread now: KuCoin against SunX0.000%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$227as in the Funding arb table

Net, price: spread back to 7d avg − costs−$262as in the Price arb table

costs, in and out, $10k−$2612.608% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.336%+$34 on $10k

Price spread, last 3 days (all we have)+0.107%+$11 · spread now 0.000%, 7d avg +0.014%

Together, before fees+0.444%+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX IREN-USDT	47.450	0	get 0.0000% / 8h	45m 37s	$1K	$388K	10x
Short	KuCoin IRENUSDTM	47.450	0.0100	get 0.0100% / 8h	45m 37s	$746K	$155K	20x

Funding history

latest

Range statsloading…

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Slippage from SunX: live order book, 15 min ago; KuCoin: live order book, 18 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 15 min ago	47.43 bp	67.0 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 18 min ago	5.27 bp	45.6 bp −$46	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
Vest IREN-USD-PERP	−0.0001%	1h	47.350	−0.211%	—	$15K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	47.432	−0.037%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.468	+0.037%	$3.5M	$6.6M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.430	−0.042%	$1.2M	$497K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.450	0.000%	$662K	$682K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.450	0.000%	$737K	$1.5M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.418	−0.067%	$2.0M	$524K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.454	+0.009%	$207K	$88K	—	as long as short
SunX IREN-USDTlong	0.0000%	8h	47.450	long leg	$1K	$388K	10x
HTX IREN-USDT	0.0000%	8h	47.360	−0.190%	$9K	$708	20x	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	+0.0007%	8h	47.452	+0.005%	$4K	$191K	10x	as long as short
QFEX IREN-USD	+0.0032%	1h	47.440	−0.021%	$1.2M	$2.1M	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.401	−0.103%	$4K	$8K	5x	as long as short
Paragon para:IREN	+0.0060%	1h	47.407	−0.091%	$637K	$147K	10x	as long as short
Lighter RH IREN	+0.0072%	1h	47.475	+0.053%	$68K	$111K	10x	as long as short
KuCoin IRENUSDTMshort	+0.0100%	8h	47.450	0.000%	$746K	$155K	20x
tradeXYZ xyz:IREN	+0.0351%	1h	47.437	−0.027%	$3.2M	$1.9M	10x	as long as short
Phoenix IREN	+0.0388%	1h	47.477	+0.057%	$85	$38K	10x	as long as short