After costs, if the gap returns to its 7d average, $10k−$111
spread now+0.025%7d average+0.075%fees + slippage, in and out−$105spread needed1.055%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IRENUSDT | 48.578 | 0 | get 0.0000% / 8h | 5h 21m | $2.0M | $477K | 20x |
| Short | Bybit IRENUSDT | 48.590 | 0 | get 0.0000% / 8h | 5h 21m | $1.2M | $468K | 25x |
Bitget IRENUSDT
Bybit IRENUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.47
- Funding while held
- $0
- Slippage, 4 orders
- −$82.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$103
- Spread needed to break even
- 1.055%
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Bitget live order book, 2 min ago | 8.34 bp | 16.4 bp −$16 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.10 bp | 30.8 bp −$31 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
IREN price on every exchange
against the cheapest. Click to use as the short leg.Paragon48.457cheapestOKX48.490+0.068%Vest48.540+0.171%Gate48.550+0.192%HTX48.560+0.212%Variational Omni48.562+0.217%QFEX48.570+0.233%KuCoin48.570+0.233%
Paragon
OKX
Vest
Gate
HTX
Variational Omni
QFEX
KuCoinBitget48.578+0.249%
Extended48.584+0.262%
ExtendedBybit48.590+0.274%
Aster48.592+0.279%SunX48.600+0.295%Phoenix48.607+0.309%tradeXYZ48.618+0.332%Binance48.620+0.336%Lighter RH48.638+0.373%
Aster
SunX
Phoenix
tradeXYZ
Binance
Lighter RHIREN on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paragon para:IREN | −0.249% | +0.0060% | 1h | $637K | $145K | 10x | as long as short |
| OKX IREN-USDT-SWAP | −0.181% | 0.0000% | 8h | $683K | $622K | 25x | as long as short |
| Vest IREN-USD-PERP | −0.078% | +0.0039% | 1h | — | $6K | 10x | as long as short |
| Gate IREN_USDT | −0.058% | 0.0000% | 8h | $725K | $1.5M | 25x | as long as short |
| HTX IREN-USDT | −0.037% | 0.0000% | 8h | $9K | $608 | 20x | as long as short |
| Variational Omni IREN | −0.033% | 0.0000% | 8h | $173K | $46K | — | as long as short |
| QFEX IREN-USD | −0.016% | +0.0014% | 1h | $1.2M | $1.9M | 10x | as long as short |
| KuCoin IRENUSDTM | −0.016% | +0.0100% | 8h | $763K | $134K | 20x | as long as short |
| Bitget IRENUSDTlong | 0.000% | 0.0000% | 8h | $2.0M | $477K | 20x | |
| Extended IREN_24_5-USD | +0.013% | +0.0040% | 1h | $4K | $6K | 5x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit IRENUSDTshort | +0.025% | 0.0000% | 8h | $1.2M | $468K | 25x | |
| Aster IRENUSDT | +0.029% | 0.0000% | 8h | $29K | $3K | 20x | as long as short |
| SunX IREN-USDT | +0.045% | 0.0000% | 8h | $1K | $385K | 10x | as long as short |
| Phoenix IREN | +0.060% | +0.0351% | 1h | $93 | $38K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.082% | +0.0295% | 1h | $3.6M | $1.6M | 10x | as long as short |
| Binance IRENUSDT | +0.086% | 0.0000% | 8h | $3.6M | $6.3M | 25x | as long as short |
| Lighter RH IREN | +0.124% | +0.0032% | 1h | $68K | $95K | 10x | as long as short |