Funding you earn now, next payment 03:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.43 per $10,000 · paid last 24h +0.071%
Price spread now: tradeXYZ against Vest+0.154%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and tradeXYZ is 0.154% dearer against Vest than usual: you sell high and buy low: +$15 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 | 47.360 | 0.0008 | pay 0.0001% / 1h | 25m 20s | — | $15K | 10x |
| Short | tradeXYZ xyz:IREN | 47.433 | 0.0356 | get 0.0045% / 1h | 25m 20s | $3.2M | $1.9M | 10x |
Vest IREN-USD-PERP
tradeXYZ xyz:IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Vest. 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
- $73.02
- Price spread: +0.154% → 0.000%
- $15.41
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $68.43
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 1 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 Vest no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 1 min ago | 2.63 bp | 17.3 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 | 47.525 | +0.349% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.459 | +0.209% | $3.4M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.420 | +0.127% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.400 | +0.084% | $646K | $620K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.450 | +0.190% | $720K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.409 | +0.103% | $2.0M | $429K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.450 | +0.191% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.455 | +0.201% | $4K | $182K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.440 | +0.169% | $945 | $358K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.410 | +0.106% | $9K | $779 | 20x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERPlong | +0.0008% | 1h | 47.360 | long leg | — | $15K | 10x | |
| QFEX IREN-USD | +0.0026% | 1h | 47.440 | +0.169% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.477 | +0.247% | $69K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.400 | +0.084% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.399 | +0.082% | $609K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.430 | +0.148% | $746K | $204K | 20x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.446 | +0.182% | $88 | $31K | 10x | as long as short |
| tradeXYZ xyz:IRENshort | +0.0356% | 1h | 47.433 | +0.154% | $3.2M | $1.9M | 10x |
QFEX IREN-USD
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN