IREN

Alert

Funding spread now, next payment 15:00 UTC+0.0451%/8h

paid, last 24h−0.050%paid, last 7 days+0.250%to open and close $10k−$83

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.250% in total (about 13.0% 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	46.910	0	get 0.0000% / 8h	1h 19m	$1.2M	$478K	25x
Short	tradeXYZ xyz:IREN	46.945	0.0451	get 0.0056% / 1h	19m 03s	$3.6M	$1.3M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee tradeXYZbpOrdersRate

Funding earned: $94.79
Slippage, 4 orders: −$53.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $11.9
Break-even: 6.1 days

Slippage from Bybit: live order book, 3 min ago; tradeXYZ: live order book, 10 min ago.

Price risk

price view

Price gap now: +0.075%
Avg gap 7d: −0.005%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 3 min ago	4.24 bp	34.5 bp −$34	117.6 bp −$1,176	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	3.18 bp	16.4 bp −$16	doesn't fit	doesn't fit	doesn't fit

IREN on 17 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Vest IREN-USD-PERP	−0.0001%	1h	—	$3K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	$28K	$2K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	$3.5M	$4.9M	25x	as long as short
Bybit IRENUSDTlong	0.0000%	8h	$1.2M	$478K	25x
OKX IREN-USDT-SWAP	0.0000%	8h	$639K	$479K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	$706K	$1.4M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	$1.9M	$403K	20x	as long as short
Variational Omni IREN	0.0000%	8h	$160K	$46K	—	as long as short
SunX IREN-USDT	0.0000%	8h	$1K	$311K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	$9K	$530	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH IREN	+0.0032%	1h	$67K	$93K	10x	as long as short
QFEX IREN-USD	+0.0035%	1h	$1.2M	$1.6M	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	$4K	$5K	5x	as long as short
Paragon para:IREN	+0.0060%	1h	$644K	$114K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	$749K	$126K	20x	as long as short
Phoenix IREN	+0.0322%	1h	$84	$37K	10x	as long as short
tradeXYZ xyz:IRENshort	+0.0451%	1h	$3.6M	$1.3M	10x