Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h +0.007%
Price spread now: QFEX against Variational Omni−0.214%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.088%−$9 on $10k
+Price spread, last 3 days (all we have)+0.197%+$20 · spread now −0.214%, 7d avg −0.033%
=Together, before fees+0.109%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.180% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of −0.033%). If the spread goes back, that is −$18 on $10k: about 20 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IREN | 47.602 | 0 | get 0.0000% / 8h | 6h 58m | $210K | $87K | — |
| Short | QFEX IREN-USD | 47.500 | 0.0029 | get 0.0004% / 1h | 58m 25s | $1.2M | $1.9M | 10x |
Variational Omni IREN
QFEX IREN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.17
- Price spread: −0.214% → −0.033%
- −$18.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.87
- Costs to cover
- 0.100%
- Break-even
- 31.8 days
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; QFEX: live order book, 8 min ago. 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 Variational Omni RFQ quote, 11 min ago | 5.19 bp | doesn't fit | 63.4 bp −$634 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 53.54 bp | 58.5 bp −$59 | 64.6 bp −$646 | doesn't fit | doesn't fit |
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 IRENUSDT | 0.0000% | 8h | 47.646 | +0.093% | $29K | $4K | 20x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.490 | −0.235% | $1.2M | $527K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.500 | −0.214% | $655K | $633K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.520 | −0.172% | $736K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.500 | −0.214% | $2.0M | $437K | 20x | as long as short |
| Variational Omni IRENlong | 0.0000% | 8h | 47.602 | long leg | $210K | $87K | — | |
| SunX IREN-USDT | 0.0000% | 8h | 47.590 | −0.025% | $966 | $359K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.580 | −0.046% | $9K | $746 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0003% | 1h | 47.450 | −0.319% | — | $15K | 10x | as long as short |
| QFEX IREN-USDshort | +0.0029% | 1h | 47.500 | −0.214% | $1.2M | $1.9M | 10x |
Aster IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
SunX IREN-USDT
HTX IREN-USDT
Vest IREN-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH IREN | +0.0032% | 1h | 47.563 | −0.081% | $68K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.485 | −0.245% | $4K | $8K | 5x | as long as short |
| Binance IRENUSDT | +0.0065% | 8h | 47.510 | −0.192% | $3.5M | $6.2M | 25x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.520 | −0.172% | $747K | $170K | 20x | as long as short |
| GRVT IREN_USDT_Perp | +0.0103% | 8h | 47.630 | +0.060% | $5K | $182K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0195% | 1h | 47.516 | −0.180% | $3.2M | $1.9M | 10x | as long as short |
| Phoenix IREN | +0.0337% | 1h | 47.590 | −0.025% | $86 | $31K | 10x | as long as short |
| Paragon para:IREN | +0.0397% | 1h | 47.490 | −0.235% | $638K | $146K | 10x | as long as short |
Lighter RH IREN
Extended IREN_24_5-USD
Binance IRENUSDT
KuCoin IRENUSDTM
GRVT IREN_USDT_Perp
tradeXYZ xyz:IREN
Phoenix IREN
Paragon para:IREN