Funding you earn now, next payment 02:00 UTC+0.0538%/8h= +59.0% APRpaid last 24h +0.017%
Price spread now: Paragon against Aster−0.310%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Paragon is 0.310% cheaper against Aster than usual: you would sell low and buy high (spread −0.310% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 46 hours of funding at the current rate (+$16 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster IRENUSDT | 47.400 | 0 | get 0.0000% / 8h | 6h 34m | $29K | $4K | 20x |
| Short | Paragon para:IREN | 47.253 | 0.0538 | get 0.0067% / 1h | 34m 54s | $597K | $172K | 10x |
Aster IRENUSDT
Paragon para:IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Aster. 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
- $113.08
- Price spread: −0.310% → 0.000%
- −$31.01
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $64.06
- Costs to cover
- 0.180%
- Break-even
- 3.0 days
Slippage unknown: Aster: no order-book sample; Paragon: live order book, 11 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 Aster no order-book sample | — | — | — | — | — |
| Sell Paragon live order book, 11 min ago | 19.54 bp | 24.6 bp −$25 | 41.8 bp −$418 | doesn't fit | doesn't fit |
Aster: 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 IRENUSDTlong | 0.0000% | 8h | 47.400 | long leg | $29K | $4K | 20x | |
| Bybit IRENUSDT | 0.0000% | 8h | 47.280 | −0.253% | $1.2M | $527K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.310 | −0.190% | $646K | $636K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.300 | −0.211% | $727K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.277 | −0.260% | $2.0M | $438K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.283 | −0.248% | $209K | $86K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.319 | −0.171% | $4K | $180K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.280 | −0.253% | $941 | $361K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.270 | −0.274% | $9K | $754 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0004% | 1h | 47.210 | −0.401% | — | $15K | 10x | as long as short |
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDT
Vest IREN-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance IRENUSDT | +0.0028% | 8h | 47.320 | −0.169% | $3.4M | $6.3M | 25x | as long as short |
| QFEX IREN-USD | +0.0029% | 1h | 47.280 | −0.253% | $1.3M | $1.9M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.270 | −0.274% | $4K | $7K | 5x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.280 | −0.253% | $743K | $178K | 20x | as long as short |
| Lighter RH IREN | +0.0112% | 1h | 47.330 | −0.148% | $68K | $99K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0248% | 1h | 47.301 | −0.209% | $3.2M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0353% | 1h | 47.267 | −0.281% | $89 | $31K | 10x | as long as short |
| Paragon para:IRENshort | +0.0538% | 1h | 47.253 | −0.310% | $597K | $172K | 10x |
Binance IRENUSDT
QFEX IREN-USD
Extended IREN_24_5-USD
KuCoin IRENUSDTM
Lighter RH IREN
tradeXYZ xyz:IREN
Phoenix IREN