IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Aster against KuCoin+0.093%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IRENUSDTM	47.080	0.0100	pay 0.0100% / 8h	3h 04m	$740K	$232K	20x
Short	Aster IRENUSDT	47.124	0	get 0.0000% / 8h	3h 04m	$29K	$4K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$21
Price spread: +0.093% → 0.000%: $9.28
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.72
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 10 min ago; Aster: 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 KuCoin live order book, 10 min ago	5.29 bp	44.8 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 IRENUSDTshort	0.0000%	8h	47.124	+0.093%	$29K	$4K	20x
Binance IRENUSDT	0.0000%	8h	47.092	+0.026%	$3.4M	$6.1M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.060	−0.042%	$1.2M	$544K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.080	0.000%	$647K	$649K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.090	+0.021%	$723K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.042	−0.081%	$2.1M	$499K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.087	+0.014%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.132	+0.111%	$4K	$204K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.130	+0.106%	$978	$355K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.070	−0.021%	$9K	$830	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest IREN-USD-PERP	+0.0008%	1h	46.980	−0.212%	—	$15K	10x	as long as short
QFEX IREN-USD	+0.0011%	1h	47.080	0.000%	$1.2M	$1.5M	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.025	−0.117%	$4K	$7K	5x	as long as short
Lighter RH IREN	+0.0064%	1h	47.120	+0.085%	$69K	$97K	10x	as long as short
Paragon para:IREN	+0.0064%	1h	47.041	−0.082%	$605K	$182K	10x	as long as short
KuCoin IRENUSDTMlong	+0.0100%	8h	47.080	long leg	$740K	$232K	20x
tradeXYZ xyz:IREN	+0.0173%	1h	47.076	−0.008%	$3.2M	$2.0M	10x	as long as short
Phoenix IREN	+0.0286%	1h	47.109	+0.062%	$84	$31K	10x	as long as short