IREN

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 +0.029%

Price spread now: KuCoin against Binance−0.042%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1061.061% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.230%+$23 on $10k

Price spread, last 4 days (all we have)−0.648%−$65 · spread now −0.042%, 7d avg −0.042%

Together, before fees−0.418%−$42 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IRENUSDT	47.640	0	get 0.0000% / 8h	4h 07m	$3.4M	$6.1M	25x
Short	KuCoin IRENUSDTM	47.620	0.0100	get 0.0100% / 8h	4h 07m	$749K	$220K	20x

Funding history

latest

Range statsloading…

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.042%Rate

Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 12 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 1 min ago	2.10 bp	13.6 bp −$14	48.4 bp −$484	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	4.20 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn't fit

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	47.655	+0.032%	$29K	$4K	20x	as long as short
Binance IRENUSDTlong	0.0000%	8h	47.640	long leg	$3.4M	$6.1M	25x
Bybit IRENUSDT	0.0000%	8h	47.630	−0.021%	$1.2M	$541K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.670	+0.063%	$649K	$620K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.620	−0.042%	$727K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.593	−0.099%	$2.0M	$417K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.606	−0.071%	$212K	$87K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.593	−0.098%	$5K	$193K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.620	−0.042%	$736	$357K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.580	−0.126%	$9K	$807	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest IREN-USD-PERP	+0.0019%	1h	47.540	−0.210%	—	$15K	10x	as long as short
Lighter RH IREN	+0.0032%	1h	47.670	+0.063%	$69K	$94K	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.580	−0.126%	$4K	$7K	5x	as long as short
QFEX IREN-USD	+0.0044%	1h	47.620	−0.042%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	47.610	−0.063%	$612K	$182K	10x	as long as short
tradeXYZ xyz:IREN	+0.0095%	1h	47.624	−0.034%	$3.2M	$1.9M	10x	as long as short
KuCoin IRENUSDTMshort	+0.0100%	8h	47.620	−0.042%	$749K	$220K	20x
Phoenix IREN	+0.0421%	1h	47.610	−0.063%	$84	$31K	10x	as long as short