Funding spread now, next payment 17:00 UTC+0.0437%/8h
paid, last 24h−0.066%paid, last 5 days+0.118%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.118% in total (about 9.2% 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 | Bybit IRENUSDT | 47.850 | 0 | get 0.0000% / 8h | 6h 27m | $1.2M | $452K | 25x |
| Short | Phoenix IREN | 47.732 | 0.0437 | get 0.0055% / 1h | 27m 48s | $85 | $38K | 10x |
Bybit IRENUSDT
Phoenix IRENFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $91.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $73.82
- Break-even
- 1.4 days
Slippage unknown: Bybit: live order book, 4 min ago; Phoenix: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.247%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.15 bp | 35.2 bp −$35 | 110.8 bp −$1,108 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 17 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster IRENUSDT | 0.0000% | 8h | $28K | $2K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDTlong | 0.0000% | 8h | $1.2M | $452K | 25x | |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | $667K | $591K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | $714K | $1.5M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | $2.0M | $465K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | $170K | $45K | — | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | $999 | $382K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | $9K | $593 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0013% | 1h | — | $6K | 10x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
SunX IREN-USDT
HTX IREN-USDT
Vest IREN-USD-PERPShow all 17 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| QFEX IREN-USD | +0.0028% | 1h | $1.2M | $1.8M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | $68K | $95K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | $4K | $6K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | $628K | $145K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | $752K | $133K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0285% | 1h | $3.8M | $1.5M | 10x | as long as short |
| Phoenix IRENshort | +0.0437% | 1h | $85 | $38K | 10x |
QFEX IREN-USD
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN