IREN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXIREN-USDT	27.320	0	0.0000% / 8h	6h 41m	$1K	$148K	10x	Long SunX≤10% back
SHORT	MEXCIRENSTOCK_USDT	27.330	+0.0022	get 0.0022% / 8h	6h 41m	$2.5M	$1.2M	50x	Short MEXC

Price gap+0.037%

Funding gap+0.0022% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$11+0.0022% /8h now · paid −0.108% over the last 7D

Price+$2spread +0.037% now, avg +0.017% → +0.020% if it goes back

Costs−$1681.679% of $10k · taker + slippage, in and out

Result−$177−1.77%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.037%

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 23 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size78.3 / 3.8 bp
At $10k entering SunX costs 78.3 bp, fee and slippage, 20.5× MEXC’s.
Note: Margin at max leverage$1,000 + $200
SunX 10x, MEXC 50x. 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: +$0.66Long SunX: 3 payments, $0.00; short MEXC: 3 payments, +$0.66.
Note: Gap at its usual level+0.037% vs +0.017%
The price leg adds little either way.
Watch: Long leg is thinner$1K vs $2.5M OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0051%/8h × 21 periods−$10.77

Price spread+0.037% → +0.017% (7d avg)+$1.99

Slippage, 4 orderslive order books−$155.92

Fee SunX bp × 2 orders−$8.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$176.69

Costs to cover1.679%Break-evennever at this rate

Slippage: SunX: live order book, 53 min ago; MEXC: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX49.4078.3 bp−$78doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC1.833.8 bp−$49.5 bp−$9542.3 bp−$4,231213.8 bp−$106.9K

Closing costs about the same again.

IREN news

posts that mention IREN, from every exchangeSearch all news →

10-27 15:07	Vest Markets	Other	Neocloud shares are rebounding from an October selloff, with $NBIS up around 9%, $IREN 6% and $CRWV 5%. Nebius CEO Arkady Volozh said customer advances and other instruments should fund its planned gigawatt, alongside a $3.5B Citi facility and $40B+ in commitments. Trade $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗
10-26 13:30	Vest Markets	Other	Into the open, $CRWV is down around 4%, leading neocloud shares lower with $NBIS and $IREN down around 3%. Elon Musk said Sunday that debt markets have nearly shut off financing for firms lacking non-AI revenue, with 200+ neoclouds facing consolidation. Trade $CRWV and broader AI infrastructure volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗
10-15 16:35	Vest Markets	Other	Neocloud names are extending losses today, with $NBIS down around 5% on the session, on top of a 10% drawdown yesterday. Gartner published a report on Wednesday on AI infrastructure spending, naming neoclouds among the segments most exposed to the gap between revenue and capex. The move is broader across the group, with $IREN down around 8% and $CRWV around 2.3% on the session. @VestExchange on X ↗
10-12 07:11	Bitget	Other	$IREN is up 8% overnight, what’s your take on it today? @bitget on X ↗
10-08 15:01	Vest Markets	Other	Trade $IREN, $NBIS and broader AI infrastructure volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
10-08 15:01	Vest Markets	Other	AI infrastructure names are extending losses, with $IREN down around 5% and $NBIS around 3% on the session. On Wednesday, SemiAnalysis posted user reports of multi-day outages and storage failures at the legacy $IREN sites in British Columbia. $NBIS is on a second session of losses, with a filing showing its COO sold 500,000 shares on Monday under a preset trading plan. @VestExchange on X ↗