IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.080%

Price spread now: tradeXYZ against SunX−0.017%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1651.646% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.412%+$41 on $10k

Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.017%, 7d avg +0.001%

Together, before fees+0.784%+ Points / potential airdroptradeXYZ: Active · farm board+$78 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$10 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	47.520	0	get 0.0000% / 8h	5h 00m	$1K	$358K	10x
Short	tradeXYZ xyz:IREN	47.512	0.0334	get 0.0042% / 1h	0m 51s	$3.2M	$1.9M	10x

Funding history

latest

Range statsloading…

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.017%Rate

Slippage from SunX: live order book, 30 min ago; tradeXYZ: live order book, 7 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, 30 min ago	48.42 bp	68.0 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	2.31 bp	15.8 bp −$16	doesn't fit	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
Aster IRENUSDT	0.0000%	8h	47.577	+0.121%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.570	+0.105%	$3.5M	$6.1M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.520	0.000%	$1.2M	$541K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.550	+0.063%	$648K	$621K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.530	+0.021%	$721K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.507	−0.027%	$2.0M	$419K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.551	+0.065%	$212K	$87K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.530	+0.021%	$4K	$186K	10x	as long as short
SunX IREN-USDTlong	0.0000%	8h	47.520	long leg	$1K	$358K	10x
HTX IREN-USDT	0.0000%	8h	47.490	−0.063%	$9K	$789	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	+0.0010%	1h	47.460	−0.126%	—	$15K	10x	as long as short
QFEX IREN-USD	+0.0026%	1h	47.530	+0.021%	$1.2M	$1.7M	10x	as long as short
Lighter RH IREN	+0.0032%	1h	47.554	+0.072%	$69K	$96K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.505	−0.032%	$4K	$7K	5x	as long as short
Paragon para:IREN	+0.0060%	1h	47.480	−0.084%	$610K	$182K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.530	+0.021%	$747K	$211K	20x	as long as short
tradeXYZ xyz:IRENshort	+0.0334%	1h	47.512	−0.017%	$3.2M	$1.9M	10x
Phoenix IREN	+0.0355%	1h	47.579	+0.124%	$90	$31K	10x	as long as short