Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.010%
Price spread now: QFEX against Variational Omni−0.366%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)+0.333%+$33 · spread now −0.366%, 7d avg −0.033%
=Together, before fees+0.249%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.333% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.366% now, against its 7-day average of −0.033%). If the spread goes back, that is −$33 on $10k: about 32 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IREN | 47.163 | 0 | get 0.0000% / 8h | 4h 49m | $184K | $98K | — |
| Short | QFEX IREN-USD | 46.990 | 0.0035 | get 0.0004% / 1h | 49m 43s | $1.2M | $1.5M | 10x |
Variational Omni IREN
QFEX IREN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Variational Omni. 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
- $7.38
- Price spread: −0.366% → −0.033%
- −$33.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$35.93
- Costs to cover
- 0.100%
- Break-even
- 41.1 days
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; QFEX: live order book, 5 min ago. 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 Variational Omni RFQ quote, 57 min ago | 3.50 bp | doesn't fit | 86.7 bp −$867 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.12 bp | 9.4 bp −$9 | 17.5 bp −$175 | doesn't fit | doesn't fit |
IREN on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IRENUSDT | 0.0000% | 8h | 47.025 | −0.291% | $24K | $9K | 20x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.020 | −0.302% | $1.2M | $548K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.050 | −0.239% | $635K | $671K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.020 | −0.302% | $806K | $1.3M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 46.991 | −0.364% | $2.1M | $649K | 20x | as long as short |
| Variational Omni IRENlong | 0.0000% | 8h | 47.163 | long leg | $184K | $98K | — | |
| SunX IREN-USDT | 0.0000% | 8h | 47.270 | +0.228% | $1K | $295K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.150 | −0.027% | $9K | $870 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0014% | 1h | 47.100 | −0.133% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.074 | −0.188% | $72K | $97K | 10x | as long as short |
Aster IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
SunX IREN-USDT
HTX IREN-USDT
Vest IREN-USD-PERP
Lighter RH IRENShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IREN-USDshort | +0.0035% | 1h | 46.990 | −0.366% | $1.2M | $1.5M | 10x | |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.000 | −0.345% | $4K | $4K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.025 | −0.292% | $605K | $176K | 10x | as long as short |
| Binance IRENUSDT | +0.0074% | 8h | 47.030 | −0.280% | $3.5M | $6.3M | 25x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.070 | −0.196% | $744K | $466K | 20x | as long as short |
| GRVT IREN_USDT_Perp | +0.0111% | 8h | 47.249 | +0.182% | $5K | $242K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0168% | 1h | 47.022 | −0.298% | $3.2M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.150 | −0.027% | $83 | $31K | 10x | as long as short |
Extended IREN_24_5-USD
Paragon para:IREN
Binance IRENUSDT
KuCoin IRENUSDTM
GRVT IREN_USDT_Perp
tradeXYZ xyz:IREN
Phoenix IREN