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

IREN

RWAall IREN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0362%/8h= −39.6% APRnext payment $3.62 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.062%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.062% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IRENUSDT46.6820get 0.0000% / 8h2h 28m$29K$4K20x
ShortBitget IRENUSDT46.653−0.0362pay 0.0362% / 8h2h 28m$2.1M$517K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
−$76.02
Price spread: −0.062% → 0.000%
−$6.22
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$102.24
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 3 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 Aster no order-book sample
Sell Bitget live order book, 3 min ago4.29 bp22.2 bp −$2264.8 bp −$648doesn't fitdoesn't fit
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
Bitget IRENUSDTshort−0.0362%8h46.653−0.062%$2.1M$517K20x
Vest IREN-USD-PERP−0.0004%1h46.610−0.154%$15K10xas long as short
Aster IRENUSDTlong0.0000%8h46.682long leg$29K$4K20x
Binance IRENUSDT0.0000%8h46.660−0.048%$3.4M$6.2M25xas long as short
Bybit IRENUSDT0.0000%8h46.650−0.069%$1.2M$548K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h46.680−0.004%$625K$672K25xas long as short
Gate IREN_USDT0.0000%8h46.720+0.081%$724K$1.2M25xas long as short
Variational Omni IREN0.0000%8h46.683+0.002%$190K$102Kas long as short
GRVT IREN_USDT_Perp0.0000%8h46.671−0.024%$4K$208K10xas long as short
SunX IREN-USDT0.0000%8h46.720+0.081%$1K$346K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IREN-USDT0.0000%8h46.670−0.026%$9K$84220xas long as short
Extended IREN_24_5-USD+0.0040%1h46.640−0.090%$4K$7K5xas long as short
QFEX IREN-USD+0.0043%1h46.720+0.081%$1.2M$1.6M10xas long as short
Paragon para:IREN+0.0060%1h46.698+0.034%$601K$182K10xas long as short
Lighter RH IREN+0.0080%1h46.753+0.152%$70K$98K10xas long as short
KuCoin IRENUSDTM+0.0100%8h46.670−0.026%$734K$244K20xas long as short
tradeXYZ xyz:IREN+0.0202%1h46.705+0.049%$3.1M$2.0M10xas long as short
Phoenix IREN+0.0340%1h46.716+0.073%$83$31K10xas long as short