Funding you earn now, next payment 03:00 UTC−0.0358%/8h= −39.2% APRpaid last 24h −0.080%
Price spread now: Aster against tradeXYZ+0.150%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.150% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:IREN | 47.481 | 0.0358 | pay 0.0045% / 1h | 21m 37s | $3.2M | $1.9M | 10x |
| Short | Aster IRENUSDT | 47.552 | 0 | get 0.0000% / 8h | 5h 21m | $29K | $4K | 20x |
tradeXYZ xyz:IREN
Aster IRENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$75.09
- Price spread: +0.150% → 0.000%
- $14.97
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$86.12
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 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 tradeXYZ live order book, 5 min ago | 2.63 bp | 14.4 bp −$14 | 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 | 47.552 | +0.150% | $29K | $4K | 20x | |
| Binance IRENUSDT | 0.0000% | 8h | 47.489 | +0.017% | $3.5M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.450 | −0.065% | $1.2M | $541K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.400 | −0.171% | $646K | $620K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.470 | −0.023% | $720K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.428 | −0.112% | $2.0M | $428K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.450 | −0.065% | $210K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.455 | −0.054% | $4K | $182K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.460 | −0.044% | $953 | $358K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.470 | −0.023% | $9K | $782 | 20x | as long as short |
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 | 47.380 | −0.213% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0026% | 1h | 47.440 | −0.086% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.512 | +0.065% | $69K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.445 | −0.076% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.422 | −0.125% | $610K | $182K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.450 | −0.065% | $747K | $206K | 20x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.446 | −0.074% | $89 | $31K | 10x | as long as short |
| tradeXYZ xyz:IRENlong | +0.0358% | 1h | 47.481 | long leg | $3.2M | $1.9M | 10x |
Vest IREN-USD-PERP
QFEX IREN-USD
Lighter RH IREN
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN