Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.067%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$930.925% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.067%, 7d avg +0.081%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IRENUSDT | 47.728 | 0 | get 0.0000% / 8h | 7h 47m | $2.0M | $442K | 20x |
| Short | OKX IREN-USDT-SWAP | 47.760 | 0 | get 0.0000% / 8h | 7h 47m | $662K | $642K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $0
- Price spread: +0.067% → +0.081%
- −$1.42
- Slippage, 4 orders
- −$70.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.95
- Costs to cover
- 0.925%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 24 min ago.
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 Bitget live order book, 5 min ago | 5.04 bp | 27.3 bp −$27 | 38.6 bp −$386 | doesn't fit | doesn't fit |
| Sell OKX live order book, 24 min ago | 7.38 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
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 | 47.760 | +0.068% | $29K | $4K | 20x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.760 | +0.067% | $1.2M | $469K | 25x | as long as short |
| OKX IREN-USDT-SWAPshort | 0.0000% | 8h | 47.760 | +0.067% | $662K | $642K | 25x | |
| Bitget IRENUSDTlong | 0.0000% | 8h | 47.728 | long leg | $2.0M | $442K | 20x | |
| Variational Omni IREN | 0.0000% | 8h | 47.693 | −0.074% | $208K | $85K | — | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.680 | −0.101% | $933 | $367K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.740 | +0.025% | $9K | $728 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0002% | 1h | 47.650 | −0.163% | — | $15K | 10x | as long as short |
| Binance IRENUSDT | +0.0032% | 8h | 47.779 | +0.106% | $3.5M | $6.3M | 25x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.705 | −0.048% | $4K | $8K | 5x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IREN-USD | +0.0045% | 1h | 47.750 | +0.046% | $1.2M | $2.1M | 10x | as long as short |
| Lighter RH IREN | +0.0048% | 1h | 47.787 | +0.124% | $68K | $108K | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.693 | −0.074% | $641K | $146K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.700 | −0.059% | $751K | $157K | 20x | as long as short |
| Gate IREN_USDT | +0.0275% | 8h | 47.750 | +0.046% | $749K | $1.2M | 25x | as long as short |
| Phoenix IREN | +0.0337% | 1h | 47.748 | +0.042% | $85 | $35K | 10x | as long as short |
| GRVT IREN_USDT_Perp | +0.0606% | 8h | 47.740 | +0.025% | $5K | $185K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0754% | 1h | 47.776 | +0.101% | $3.2M | $1.9M | 10x | as long as short |
Bitget IRENUSDT
OKX IREN-USDT-SWAP
Aster IRENUSDT
Bybit IRENUSDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDT
Binance IRENUSDT
Extended IREN_24_5-USD
Lighter RH IREN
Paragon para:IREN
KuCoin IRENUSDTM
Gate IREN_USDT
Phoenix IREN
GRVT IREN_USDT_Perp
tradeXYZ xyz:IREN