Settings8H · net · $10k
Funding arb · Price arb /

IREN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.097%
Price spread now: Aster against Variational Omni−0.117%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.117% cheaper against Variational Omni than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IREN47.4610get 0.0000% / 8h1h 47m$187K$68K
ShortAster IRENUSDT47.4050get 0.0000% / 8h1h 47m$29K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: −0.117% → 0.000%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.69
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 36 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 36 min ago6.93 bpdoesn't fit104.6 bp −$1,046doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IRENUSDTshort0.0000%8h47.405−0.117%$29K$4K20x
Binance IRENUSDT0.0000%8h47.420−0.086%$3.4M$6.7M25xas long as short
Bybit IRENUSDT0.0000%8h47.370−0.192%$1.2M$501K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.420−0.086%$662K$691K25xas long as short
Gate IREN_USDT0.0000%8h47.420−0.086%$743K$1.5M25xas long as short
Bitget IRENUSDT0.0000%8h47.380−0.171%$2.0M$513K20xas long as short
Variational Omni IRENlong0.0000%8h47.461long leg$187K$68K
GRVT IREN_USDT_Perp0.0000%8h47.460−0.002%$5K$200K10xas long as short
SunX IREN-USDT0.0000%8h47.450−0.023%$425$389K10xas long as short
HTX IREN-USDT0.0000%8h47.390−0.150%$9K$69120xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IREN-USD-PERP+0.0001%1h47.320−0.297%$15K10xas long as short
QFEX IREN-USD+0.0026%1h47.400−0.128%$1.2M$2.1M10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.366−0.199%$4K$8K5xas long as short
Paragon para:IREN+0.0049%1h47.401−0.127%$623K$126K10xas long as short
Lighter RH IREN+0.0080%1h47.438−0.048%$68K$114K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.430−0.065%$752K$143K20xas long as short
tradeXYZ xyz:IREN+0.0304%1h47.411−0.105%$3.2M$1.9M10xas long as short
Phoenix IREN+0.0405%1h47.438−0.048%$85$38K10xas long as short