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: KuCoin against SunX0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2522.518% of the position
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now 0.000%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX IREN-USDT | 47.560 | 0 | get 0.0000% / 8h | 4h 33m | $636 | $358K | 10x |
| Short | KuCoin IRENUSDTM | 47.560 | 0.0100 | get 0.0100% / 8h | 4h 33m | $748K | $218K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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
- $21
- Price spread: 0.000% → +0.012%
- −$1.25
- Slippage, 4 orders
- −$231.79
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$232.03
- Costs to cover
- 2.518%
- Break-even
- 84.3 days
Slippage from SunX: live order book, 57 min ago; KuCoin: live order book, 51 min ago.
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 SunX live order book, 57 min ago | 48.42 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 9.48 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
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 | 47.590 | +0.064% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.587 | +0.056% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.560 | 0.000% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.480 | −0.168% | $645K | $619K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.560 | 0.000% | $724K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.534 | −0.055% | $2.0M | $417K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.547 | −0.028% | $212K | $87K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.560 | 0.000% | $4K | $190K | 10x | as long as short |
| SunX IREN-USDTlong | 0.0000% | 8h | 47.560 | long leg | $636 | $358K | 10x | |
| HTX IREN-USDT | 0.0000% | 8h | 47.530 | −0.063% | $9K | $799 | 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 | +0.0014% | 1h | 47.510 | −0.105% | — | $15K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.592 | +0.067% | $69K | $94K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.565 | +0.011% | $4K | $7K | 5x | as long as short |
| QFEX IREN-USD | +0.0044% | 1h | 47.550 | −0.021% | $1.2M | $1.6M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.570 | +0.021% | $612K | $182K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0094% | 1h | 47.595 | +0.074% | $3.2M | $2.0M | 10x | as long as short |
| KuCoin IRENUSDTMshort | +0.0100% | 8h | 47.560 | 0.000% | $748K | $218K | 20x | |
| Phoenix IREN | +0.0421% | 1h | 47.601 | +0.086% | $87 | $31K | 10x | as long as short |
SunX IREN-USDT
KuCoin IRENUSDTM
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
HTX IREN-USDT
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
tradeXYZ xyz:IREN
Phoenix IREN