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 06:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.021%
Price spread now: Gate against tradeXYZ+0.036%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$830.827% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.036%, 7d avg +0.023%
Together, before fees−0.295%+ Points / potential airdroptradeXYZ: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:IREN46.6930.0218pay 0.0027% / 1h25m 17s$3.1M$2.0M10x
ShortGate IREN_USDT46.7100get 0.0000% / 8h2h 25m$716K$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$45.81
Price spread: +0.036% → +0.023%
$1.35
Slippage, 4 orders
−$49.65
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$127.11
Costs to cover
0.827%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago1.50 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.22 bp33.2 bp −$3389.0 bp −$890129.1 bp −$12.9Kdoesn'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
Bitget IRENUSDT−0.0414%8h46.680−0.028%$2.1M$518K20xas long as short
Vest IREN-USD-PERP−0.0005%1h46.570−0.263%$15K10xas long as short
Aster IRENUSDT0.0000%8h46.710+0.036%$29K$4K20xas long as short
Binance IRENUSDT0.0000%8h46.707+0.030%$3.4M$6.2M25xas long as short
Bybit IRENUSDT0.0000%8h46.700+0.015%$1.2M$549K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h46.690−0.006%$622K$687K25xas long as short
Gate IREN_USDTshort0.0000%8h46.710+0.036%$716K$1.2M25x
Variational Omni IREN0.0000%8h46.652−0.087%$190K$102Kas long as short
GRVT IREN_USDT_Perp0.0000%8h46.730+0.078%$4K$208K10xas long as short
SunX IREN-USDT0.0000%8h46.670−0.049%$1K$345K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IREN-USDT0.0000%8h46.580−0.242%$9K$84320xas long as short
Extended IREN_24_5-USD+0.0040%1h46.655−0.081%$4K$7K5xas long as short
QFEX IREN-USD+0.0043%1h46.710+0.036%$1.2M$1.6M10xas long as short
Paragon para:IREN+0.0060%1h46.620−0.156%$600K$182K10xas long as short
Lighter RH IREN+0.0088%1h46.719+0.056%$70K$98K10xas long as short
KuCoin IRENUSDTM+0.0100%8h46.680−0.028%$734K$246K20xas long as short
tradeXYZ xyz:IRENlong+0.0218%1h46.693long leg$3.1M$2.0M10x
Phoenix IREN+0.0340%1h46.731+0.081%$86$31K10xas long as short