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 23:00 UTC−0.0372%/8h= −40.7% APRpaid last 24h −0.079%
Price spread now: Bitget against tradeXYZ−0.059%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.321%−$32 on $10k
Price spread, last 7 days−0.168%−$17 · spread now −0.059%, 7d avg −0.068%
Together, before fees−0.489%+ Points / potential airdroptradeXYZ: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:IREN47.3970.0372pay 0.0046% / 1h23m 55s$3.2M$1.9M10x
ShortBitget IRENUSDT47.3690get 0.0000% / 8h1h 23m$2.0M$497K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$78.08
Price spread: −0.059% → −0.068%
$0.85
Slippage, 4 orders
−$45.26
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$152.49
Costs to cover
0.753%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 3 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 tradeXYZ live order book, 4 min ago1.69 bp13.7 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.64 bp15.3 bp −$1532.9 bp −$329doesn'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
Vest IREN-USD-PERP−0.0001%1h47.310−0.184%$15K10xas long as short
Aster IRENUSDT0.0000%8h47.398+0.003%$29K$4K20xas long as short
Binance IRENUSDT0.0000%8h47.410+0.027%$3.4M$6.7M25xas long as short
Bybit IRENUSDT0.0000%8h47.390−0.015%$1.2M$498K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.450+0.112%$662K$688K25xas long as short
Gate IREN_USDT0.0000%8h47.400+0.006%$743K$1.5M25xas long as short
Bitget IRENUSDTshort0.0000%8h47.369−0.059%$2.0M$497K20x
Variational Omni IREN0.0000%8h47.404+0.015%$187K$68Kas long as short
GRVT IREN_USDT_Perp0.0000%8h47.430+0.070%$5K$196K10xas long as short
SunX IREN-USDT0.0000%8h47.410+0.027%$599$389K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IREN-USDT0.0000%8h47.380−0.036%$9K$70120xas long as short
QFEX IREN-USD+0.0026%1h47.410+0.027%$1.2M$2.1M10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.368−0.061%$4K$8K5xas long as short
Lighter RH IREN+0.0056%1h47.444+0.099%$68K$114K10xas long as short
Paragon para:IREN+0.0060%1h47.398+0.003%$626K$142K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.430+0.070%$751K$142K20xas long as short
tradeXYZ xyz:IRENlong+0.0372%1h47.397long leg$3.2M$1.9M10x
Phoenix IREN+0.0405%1h47.394−0.006%$89$38K10xas long as short