IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.006%

Price spread now: Paragon against Extended+0.001%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IREN_24_5-USD	46.940	0.0040	pay 0.0005% / 1h	10m 15s	$4K	$7K	5x
Short	Paragon para:IREN	46.941	0.0060	get 0.0008% / 1h	10m 15s	$604K	$182K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee ParagonbpOrdersPrice spread, now +0.001%Rate

Funding earned: $4.2
Price spread: +0.001% → 0.000%: $0.15
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paragon: 5 bp × 2 orders: −$10
Net: −$10.65
Costs to cover: 0.150%
Break-even: 24.8 days

Slippage unknown: Extended: no order-book sample; Paragon: live order book, 65 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 Extended no order-book sample	—	—	—	—	—
Sell Paragon live order book, 65 min ago	25.31 bp	30.4 bp −$30	49.3 bp −$493	doesn't fit	doesn't fit

Extended: 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 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 IRENUSDT	−0.0395%	8h	46.965	+0.053%	$2.1M	$520K	20x	as long as short
Vest IREN-USD-PERP	−0.0008%	1h	46.880	−0.128%	—	$15K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	47.024	+0.179%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.008	+0.144%	$3.4M	$6.2M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.000	+0.128%	$1.2M	$553K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.000	+0.128%	$626K	$691K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.000	+0.128%	$720K	$1.2M	25x	as long as short
Variational Omni IREN	0.0000%	8h	46.977	+0.078%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	46.858	−0.175%	$5K	$210K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	46.990	+0.107%	$986	$346K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IREN-USDT	0.0000%	8h	46.940	0.000%	$9K	$848	20x	as long as short
Extended IREN_24_5-USDlong	+0.0040%	1h	46.940	long leg	$4K	$7K	5x
QFEX IREN-USD	+0.0043%	1h	46.940	0.000%	$1.2M	$1.6M	10x	as long as short
Lighter RH IREN	+0.0056%	1h	47.036	+0.205%	$70K	$98K	10x	as long as short
Paragon para:IRENshort	+0.0060%	1h	46.941	+0.001%	$604K	$182K	10x
KuCoin IRENUSDTM	+0.0100%	8h	46.950	+0.021%	$738K	$251K	20x	as long as short
tradeXYZ xyz:IREN	+0.0201%	1h	46.963	+0.049%	$3.1M	$2.0M	10x	as long as short
Phoenix IREN	+0.0340%	1h	46.840	−0.213%	$87	$31K	10x	as long as short