Funding you earn now, next payment 07:00 UTC+0.0304%/8h= +33.3% APRpaid last 24h +0.012%
Price spread now: Lighter RH against SunX+0.068%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Lighter RH is 0.068% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX IREN-USDT | 46.880 | 0 | get 0.0000% / 8h | 1h 50m | $848 | $346K | 10x |
| Short | Lighter RH IREN | 46.912 | 0.0304 | get 0.0038% / 1h | 50m 08s | $70K | $96K | 10x |
SunX IREN-USDT
Lighter RH IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $63.84
- Price spread: +0.068% → 0.000%
- $6.83
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $62.67
- Costs to cover
- 0.080%
- Break-even
- 0.1 days
Slippage unknown: SunX: live order book, 11 min ago; Lighter RH: no order-book sample. Net counts fees only.
Cost to enter
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, 11 min ago | 47.88 bp | 66.4 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH no order-book sample | — | — | — | — | — |
Lighter RH: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
IREN on 18 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.0321% | 8h | 46.865 | −0.032% | $2.1M | $524K | 20x | as long as short |
| Vest IREN-USD-PERP | −0.0007% | 1h | 46.770 | −0.235% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.891 | +0.025% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 46.895 | +0.031% | $3.4M | $6.2M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.870 | −0.021% | $1.2M | $552K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 46.920 | +0.085% | $625K | $689K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 46.900 | +0.043% | $721K | $1.2M | 25x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 46.892 | +0.026% | $191K | $102K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 46.890 | +0.021% | $4K | $213K | 10x | as long as short |
| SunX IREN-USDTlong | 0.0000% | 8h | 46.880 | long leg | $848 | $346K | 10x |
Bitget IRENUSDT
Vest IREN-USD-PERP
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Variational Omni IREN
GRVT IREN_USDT_PerpShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | 0.0000% | 8h | 46.830 | −0.107% | $9K | $858 | 20x | as long as short |
| QFEX IREN-USD | +0.0032% | 1h | 46.870 | −0.021% | $1.2M | $1.6M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.820 | −0.128% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.833 | −0.101% | $602K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.870 | −0.021% | $737K | $255K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0275% | 1h | 46.870 | −0.021% | $3.1M | $2.0M | 10x | as long as short |
| Lighter RH IRENshort | +0.0304% | 1h | 46.912 | +0.068% | $70K | $96K | 10x | |
| Phoenix IREN | +0.0341% | 1h | 46.865 | −0.032% | $82 | $31K | 10x | as long as short |
HTX IREN-USDT
QFEX IREN-USD
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN