IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%

Price spread now: Extended against Vest+0.095%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Extended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.095% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest IREN-USD-PERP	47.530	0.0002	pay 0.0000% / 1h	3m 38s	—	$15K	10x
Short	Extended IREN_24_5-USD	47.575	0.0040	get 0.0005% / 1h	3m 38s	$4K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee ExtendedbpOrdersPrice spread, now +0.095%Rate

Funding earned: $7.98
Price spread: +0.095% → 0.000%: $9.47
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $10.45
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Extended: 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 Vest no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Vest and Extended: 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
Aster IRENUSDT	0.0000%	8h	47.759	+0.482%	$29K	$4K	20x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.630	+0.210%	$1.2M	$526K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.600	+0.147%	$658K	$632K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.630	+0.210%	$739K	$1.3M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.594	+0.135%	$2.0M	$436K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.646	+0.244%	$210K	$87K	—	as long as short
SunX IREN-USDT	0.0000%	8h	47.640	+0.231%	$930	$360K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.610	+0.168%	$9K	$744	20x	as long as short
Vest IREN-USD-PERPlong	+0.0002%	1h	47.530	long leg	—	$15K	10x
Lighter RH IREN	+0.0032%	1h	47.669	+0.292%	$68K	$109K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IREN_24_5-USDshort	+0.0040%	1h	47.575	+0.095%	$4K	$8K	5x
QFEX IREN-USD	+0.0045%	1h	47.620	+0.189%	$1.2M	$1.9M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	47.605	+0.159%	$640K	$146K	10x	as long as short
Binance IRENUSDT	+0.0067%	8h	47.653	+0.259%	$3.5M	$6.2M	25x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.640	+0.231%	$749K	$170K	20x	as long as short
GRVT IREN_USDT_Perp	+0.0105%	8h	47.631	+0.211%	$5K	$182K	10x	as long as short
Phoenix IREN	+0.0337%	1h	47.619	+0.187%	$83	$35K	10x	as long as short
tradeXYZ xyz:IREN	+0.0347%	1h	47.624	+0.198%	$3.2M	$1.9M	10x	as long as short