Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRpaid last 24h +0.104%
Price spread now: Phoenix against HTX+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Phoenix is 0.042% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX IREN-USDT | 47.460 | 0 | get 0.0000% / 8h | 3h 44m | $9K | $816 | 20x |
| Short | Phoenix IREN | 47.480 | 0.0286 | get 0.0036% / 1h | 44m 25s | $85 | $31K | 10x |
HTX IREN-USDT
Phoenix IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $60.01
- Price spread: +0.042% → 0.000%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $45.23
- Costs to cover
- 0.190%
- Break-even
- 1.7 days
Slippage unknown: HTX: no order-book sample; Phoenix: no order-book sample. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
HTX and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IRENUSDT | 0.0000% | 8h | 47.468 | +0.016% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.430 | −0.063% | $3.4M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.400 | −0.126% | $1.2M | $538K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.470 | +0.021% | $661K | $635K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.440 | −0.042% | $721K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.420 | −0.084% | $2.1M | $495K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.497 | +0.077% | $212K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.450 | −0.021% | $5K | $198K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.420 | −0.084% | $970 | $355K | 10x | as long as short |
| HTX IREN-USDTlong | 0.0000% | 8h | 47.460 | long leg | $9K | $816 | 20x |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX IREN-USD | +0.0011% | 1h | 47.420 | −0.084% | $1.2M | $1.5M | 10x | as long as short |
| Vest IREN-USD-PERP | +0.0019% | 1h | 47.360 | −0.211% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.480 | +0.042% | $68K | $94K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.390 | −0.147% | $4K | $7K | 5x | as long as short |
| tradeXYZ xyz:IREN | +0.0070% | 1h | 47.425 | −0.074% | $3.2M | $2.0M | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.440 | −0.042% | $746K | $224K | 20x | as long as short |
| Paragon para:IREN | +0.0133% | 1h | 47.400 | −0.126% | $609K | $182K | 10x | as long as short |
| Phoenix IRENshort | +0.0286% | 1h | 47.480 | +0.042% | $85 | $31K | 10x |
QFEX IREN-USD
Vest IREN-USD-PERP
Lighter RH IREN
Extended IREN_24_5-USD
tradeXYZ xyz:IREN
KuCoin IRENUSDTM
Paragon para:IREN