Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.019%
Price spread now: Lighter RH against KuCoin+0.131%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.245%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.131% dearer against KuCoin than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IRENUSDTM | 47.450 | 0.0100 | pay 0.0100% / 8h | 5h 21m | $746K | $206K | 20x |
| Short | Lighter RH IREN | 47.512 | 0.0032 | get 0.0004% / 1h | 21m 24s | $69K | $96K | 10x |
KuCoin IRENUSDTM
Lighter RH IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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
- −$14.28
- Price spread: +0.131% → 0.000%
- $13.07
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$13.21
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 3 min ago; Lighter RH: 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, 3 min ago | 9.48 bp | 67.5 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH no order-book sample | — | — | — | — | — |
Lighter RH: 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 | 47.552 | +0.216% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.503 | +0.111% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.460 | +0.021% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.490 | +0.084% | $647K | $621K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.490 | +0.084% | $720K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.428 | −0.046% | $2.0M | $428K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.450 | +0.001% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.461 | +0.024% | $4K | $183K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.490 | +0.084% | $993 | $358K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.470 | +0.042% | $9K | $782 | 20x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0009% | 1h | 47.390 | −0.126% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0026% | 1h | 47.480 | +0.063% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RH IRENshort | +0.0032% | 1h | 47.512 | +0.131% | $69K | $96K | 10x | |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.445 | −0.011% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.422 | −0.060% | $610K | $182K | 10x | as long as short |
| KuCoin IRENUSDTMlong | +0.0100% | 8h | 47.450 | long leg | $746K | $206K | 20x | |
| Phoenix IREN | +0.0355% | 1h | 47.454 | +0.008% | $85 | $31K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0358% | 1h | 47.492 | +0.089% | $3.2M | $1.9M | 10x | as long as short |
Vest IREN-USD-PERP
QFEX IREN-USD
Extended IREN_24_5-USD
Paragon para:IREN
Phoenix IREN
tradeXYZ xyz:IREN