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

IREN

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Alert: funding
Alert: spread
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 Variational Omni+0.008%7-day average +0.003% · you sell dearer than you buy
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)+0.095%+$9 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.008%, 7d avg +0.003%
Together, before fees+0.107%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IREN47.6060get 0.0000% / 8h4h 09m$212K$87K
ShortKuCoin IRENUSDTM47.6100.0100get 0.0100% / 8h4h 09m$749K$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.008% → +0.003%
$0.52
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$9.52
Costs to cover
0.120%
Break-even
3.8 days
Slippage unknown: Variational Omni: RFQ quote, 49 min ago; KuCoin: live order book, 10 min ago. 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, 49 min ago5.21 bpdoesn't fit58.8 bp −$588doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago4.20 bp31.7 bp −$32doesn't fitdoesn't fitdoesn't fit

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 IRENUSDT0.0000%8h47.644+0.080%$29K$4K20xas long as short
Binance IRENUSDT0.0000%8h47.630+0.050%$3.4M$6.1M25xas long as short
Bybit IRENUSDT0.0000%8h47.590−0.034%$1.2M$541K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.670+0.134%$649K$620K25xas long as short
Gate IREN_USDT0.0000%8h47.610+0.008%$726K$1.2M25xas long as short
Bitget IRENUSDT0.0000%8h47.551−0.116%$2.0M$417K20xas long as short
Variational Omni IRENlong0.0000%8h47.606long leg$212K$87K
GRVT IREN_USDT_Perp0.0000%8h47.610+0.008%$5K$193K10xas long as short
SunX IREN-USDT0.0000%8h47.610+0.008%$715$357K10xas long as short
HTX IREN-USDT0.0000%8h47.580−0.055%$9K$80820xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IREN-USD-PERP+0.0018%1h47.520−0.181%$15K10xas long as short
Lighter RH IREN+0.0032%1h47.632+0.054%$69K$94K10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.580−0.055%$4K$7K5xas long as short
QFEX IREN-USD+0.0044%1h47.600−0.013%$1.2M$1.5M10xas long as short
Paragon para:IREN+0.0060%1h47.570−0.076%$612K$182K10xas long as short
tradeXYZ xyz:IREN+0.0091%1h47.608+0.004%$3.2M$1.9M10xas long as short
KuCoin IRENUSDTMshort+0.0100%8h47.610+0.008%$749K$219K20x
Phoenix IREN+0.0421%1h47.612+0.012%$84$31K10xas long as short