IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.009%

Price spread now: QFEX against SunX−0.021%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1551.555% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.021%, 7d avg −0.027%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, 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	SunX IREN-USDT	46.750	0	get 0.0000% / 8h	7m 26s	$920	$332K	10x
Short	QFEX IREN-USD	46.740	0.0043	get 0.0005% / 1h	7m 26s	$1.2M	$1.5M	10x

Funding history

latest

Range statsloading…

QFEX against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee SunXbpFee QFEXbpOrdersPrice spread, now −0.021%Rate

Slippage from SunX: live order book, 43 min ago; QFEX: live order book, 4 min ago.

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, 43 min ago	47.02 bp	65.6 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.14 bp	7.1 bp −$7	13.2 bp −$132	doesn't fit	doesn't fit

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	−0.0185%	8h	46.720	−0.064%	$2.1M	$544K	20x	as long as short
Vest IREN-USD-PERP	−0.0003%	1h	46.630	−0.257%	—	$15K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	46.818	+0.146%	$24K	$9K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	46.750	0.000%	$3.5M	$6.2M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	46.740	−0.021%	$1.2M	$553K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	46.770	+0.043%	$625K	$656K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	46.760	+0.021%	$819K	$1.3M	25x	as long as short
Variational Omni IREN	0.0000%	8h	46.749	−0.002%	$191K	$92K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	46.763	+0.029%	$4K	$221K	10x	as long as short
SunX IREN-USDTlong	0.0000%	8h	46.750	long leg	$920	$332K	10x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IREN-USDT	0.0000%	8h	46.730	−0.043%	$9K	$879	20x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	46.680	−0.150%	$4K	$7K	5x	as long as short
QFEX IREN-USDshort	+0.0043%	1h	46.740	−0.021%	$1.2M	$1.5M	10x
Paragon para:IREN	+0.0060%	1h	46.723	−0.058%	$601K	$177K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	46.760	+0.021%	$736K	$278K	20x	as long as short
Lighter RH IREN	+0.0216%	1h	46.791	+0.088%	$70K	$98K	10x	as long as short
tradeXYZ xyz:IREN	+0.0219%	1h	46.730	−0.043%	$3.1M	$2.0M	10x	as long as short
Phoenix IREN	+0.0308%	1h	46.788	+0.081%	$84	$31K	10x	as long as short