Funding you earn now, next payment 07:00 UTC+0.0486%/8h= +53.2% APRpaid last 24h +0.085%
Price spread now: tradeXYZ against Bitget+0.026%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now +0.026%, 7d avg +0.059%
=Together, before fees+0.409%+ Points / potential airdroptradeXYZ: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.059%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.317% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IRENUSDT | 46.702 | −0.0356 | get 0.0356% / 8h | 1h 24m | $2.1M | $526K | 20x |
| Short | tradeXYZ xyz:IREN | 46.714 | 0.0130 | get 0.0016% / 1h | 24m 24s | $3.1M | $2.0M | 10x |
Bitget IRENUSDT
tradeXYZ xyz:IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $102.02
- Price spread: +0.026% → +0.059%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $68.69
- Costs to cover
- 0.300%
- Break-even
- 2.3 days
Slippage unknown: Bitget: live order book, 3 min ago; tradeXYZ: live order book, 4 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 Bitget live order book, 3 min ago | 1.61 bp | 16.2 bp −$16 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.71 bp | 15.1 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDTlong | −0.0356% | 8h | 46.702 | long leg | $2.1M | $526K | 20x | |
| Vest IREN-USD-PERP | −0.0005% | 1h | 46.630 | −0.154% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.741 | +0.083% | $24K | $9K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 46.737 | +0.074% | $3.4M | $6.2M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.730 | +0.060% | $1.2M | $550K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 46.720 | +0.039% | $622K | $690K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 46.750 | +0.103% | $716K | $1.2M | 25x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 46.722 | +0.042% | $191K | $102K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 46.702 | +0.001% | $4K | $217K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 46.710 | +0.017% | $881 | $342K | 10x | as long as short |
Vest IREN-USD-PERP
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | 0.0000% | 8h | 46.660 | −0.090% | $9K | $866 | 20x | as long as short |
| QFEX IREN-USD | +0.0032% | 1h | 46.750 | +0.103% | $1.2M | $1.6M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.690 | −0.026% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.671 | −0.067% | $600K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.710 | +0.017% | $734K | $255K | 20x | as long as short |
| Lighter RH IREN | +0.0128% | 1h | 46.750 | +0.103% | $70K | $96K | 10x | as long as short |
| tradeXYZ xyz:IRENshort | +0.0130% | 1h | 46.714 | +0.026% | $3.1M | $2.0M | 10x | |
| Phoenix IREN | +0.0341% | 1h | 46.675 | −0.058% | $84 | $31K | 10x | as long as short |
HTX IREN-USDT
QFEX IREN-USD
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
Lighter RH IREN
Phoenix IREN