Funding you earn now, next payment 08:00 UTC+0.0364%/8h= +39.9% APRnext payment +$3.64 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bitget−0.047%7-day average +0.093% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.047%, 7d avg +0.093%
=Together, before fees+0.175%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.140% cheaper against Bitget than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.093%). If the spread goes back, that is −$14 on $10k: about 31 hours of funding at the current rate (+$11 a day). At the pace of the last 4 days (+0.048% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.048% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.64 per $10,000. 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 | 46.694 | −0.0364 | get 0.0364% / 8h | 1h 28m | $2.1M | $525K | 20x |
| Short | Variational Omni IREN | 46.672 | 0 | get 0.0000% / 8h | 1h 28m | $191K | $102K | — |
Bitget IRENUSDT
Variational Omni IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $76.44
- Price spread: −0.047% → +0.093%
- −$14.04
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $50.4
- Costs to cover
- 0.120%
- Break-even
- 2.4 days
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 15 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 | 1.82 bp | 30.5 bp −$30 | 48.1 bp −$481 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 15 min ago | 6.98 bp | doesn't fit | 55.1 bp −$551 | 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 | −0.0364% | 8h | 46.694 | long leg | $2.1M | $525K | 20x | |
| Vest IREN-USD-PERP | −0.0006% | 1h | 46.620 | −0.158% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 46.706 | +0.025% | $24K | $9K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 46.689 | −0.010% | $3.4M | $6.2M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.690 | −0.009% | $1.2M | $550K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 46.700 | +0.013% | $622K | $690K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 46.740 | +0.099% | $716K | $1.2M | 25x | as long as short |
| Variational Omni IRENshort | 0.0000% | 8h | 46.672 | −0.047% | $191K | $102K | — | |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 46.677 | −0.037% | $4K | $217K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 46.660 | −0.073% | $880 | $342K | 10x | as long as short |
Vest IREN-USD-PERP
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
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 | 46.620 | −0.158% | $9K | $865 | 20x | as long as short |
| QFEX IREN-USD | +0.0032% | 1h | 46.740 | +0.099% | $1.2M | $1.5M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.635 | −0.126% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.655 | −0.083% | $600K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 46.720 | +0.056% | $734K | $255K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0133% | 1h | 46.658 | −0.077% | $3.1M | $2.0M | 10x | as long as short |
| Lighter RH IREN | +0.0152% | 1h | 46.727 | +0.071% | $70K | $96K | 10x | as long as short |
| Phoenix IREN | +0.0341% | 1h | 46.656 | −0.081% | $82 | $31K | 10x | as long as short |
HTX IREN-USDT
QFEX IREN-USD
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Lighter RH IREN
Phoenix IREN