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

IREN

RWAall IREN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.008%
Price spread now: Vest against Aster−0.379%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 airdropAster: Stage 5 · Vest: 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: Vest is 0.379% cheaper against Aster than usual: you would sell low and buy high, −$38 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IRENUSDT47.5200get 0.0000% / 8h5h 51m$29K$4K20x
ShortVest IREN-USD-PERP47.3400.0005get 0.0001% / 1h51m 37s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$1.11
Price spread: −0.379% → 0.000%
−$37.93
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$46.82
Costs to cover
0.100%
Break-even
302.6 days
Slippage unknown: Aster: no order-book sample; Vest: 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 Aster no order-book sample
Sell Vest no order-book sample
Aster and 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 IRENUSDTlong0.0000%8h47.520long leg$29K$4K20x
Binance IRENUSDT0.0000%8h47.450−0.148%$3.4M$6.2M25xas long as short
Bybit IRENUSDT0.0000%8h47.430−0.190%$1.2M$539K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.390−0.274%$646K$625K25xas long as short
Gate IREN_USDT0.0000%8h47.440−0.169%$720K$1.2M25xas long as short
Bitget IRENUSDT0.0000%8h47.410−0.232%$2.0M$431K20xas long as short
Variational Omni IREN0.0000%8h47.427−0.196%$210K$85Kas long as short
GRVT IREN_USDT_Perp0.0000%8h47.430−0.190%$4K$180K10xas long as short
SunX IREN-USDT0.0000%8h47.440−0.169%$1K$356K10xas long as short
HTX IREN-USDT0.0000%8h47.410−0.232%$9K$76920xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest IREN-USD-PERPshort+0.0005%1h47.340−0.379%$15K10x
QFEX IREN-USD+0.0026%1h47.420−0.211%$1.2M$1.8M10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.375−0.306%$4K$7K5xas long as short
Paragon para:IREN+0.0060%1h47.369−0.318%$609K$182K10xas long as short
Lighter RH IREN+0.0080%1h47.456−0.135%$69K$96K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.400−0.253%$745K$195K20xas long as short
Phoenix IREN+0.0355%1h47.429−0.192%$87$31K10xas long as short
tradeXYZ xyz:IREN+0.0503%1h47.431−0.188%$3.2M$1.9M10xas long as short