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

IREN

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.008%
Price spread now: Variational Omni against Vest+0.233%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.233% dearer against Vest than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest IREN-USD-PERP47.3400.0008pay 0.0001% / 1h23m 43s$15K10x
ShortVariational Omni IREN47.4500get 0.0000% / 8h5h 23m$210K$85K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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
−$1.78
Price spread: +0.233% → 0.000%
$23.29
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$19.51
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 40 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 Vest no order-book sample
Sell Variational Omni RFQ quote, 40 min ago5.21 bpdoesn't fit50.4 bp −$504doesn't fitdoesn't fit
Vest: 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 IRENUSDT0.0000%8h47.539+0.421%$29K$4K20xas long as short
Binance IRENUSDT0.0000%8h47.480+0.296%$3.5M$6.1M25xas long as short
Bybit IRENUSDT0.0000%8h47.440+0.211%$1.2M$541K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.400+0.127%$646K$620K25xas long as short
Gate IREN_USDT0.0000%8h47.460+0.253%$721K$1.2M25xas long as short
Bitget IRENUSDT0.0000%8h47.427+0.184%$2.0M$429K20xas long as short
Variational Omni IRENshort0.0000%8h47.450+0.233%$210K$85K
GRVT IREN_USDT_Perp0.0000%8h47.455+0.243%$4K$182K10xas long as short
SunX IREN-USDT0.0000%8h47.440+0.211%$945$358K10xas long as short
HTX IREN-USDT0.0000%8h47.470+0.275%$9K$78220xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IREN-USD-PERPlong+0.0008%1h47.340long leg$15K10x
QFEX IREN-USD+0.0026%1h47.430+0.190%$1.2M$1.7M10xas long as short
Lighter RH IREN+0.0032%1h47.509+0.357%$69K$96K10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.395+0.116%$4K$7K5xas long as short
Paragon para:IREN+0.0060%1h47.410+0.148%$609K$182K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.440+0.211%$746K$205K20xas long as short
Phoenix IREN+0.0355%1h47.446+0.224%$88$31K10xas long as short
tradeXYZ xyz:IREN+0.0355%1h47.451+0.234%$3.2M$1.9M10xas long as short