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

IREN

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0415%/8h= −45.4% APRpaid last 24h −0.012%
Price spread now: Bitget against Extended+0.047%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Bitget is 0.047% dearer against Extended than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IREN_24_5-USD46.9700.0040pay 0.0005% / 1h6m 56s$4K$7K5x
ShortBitget IRENUSDT46.992−0.0375pay 0.0375% / 8h2h 06m$2.1M$520K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$87.15
Price spread: +0.047% → 0.000%
$4.68
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$99.47
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: live order book, 5 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 Extended no order-book sample
Sell Bitget live order book, 5 min ago3.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Extended: 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−0.0375%8h46.992+0.047%$2.1M$520K20x
Vest IREN-USD-PERP−0.0009%1h46.910−0.128%$15K10xas long as short
Aster IRENUSDT0.0000%8h47.024+0.114%$29K$4K20xas long as short
Binance IRENUSDT0.0000%8h47.033+0.134%$3.4M$6.2M25xas long as short
Bybit IRENUSDT0.0000%8h47.020+0.106%$1.2M$553K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.030+0.128%$627K$692K25xas long as short
Gate IREN_USDT0.0000%8h47.020+0.106%$720K$1.2M25xas long as short
Variational Omni IREN0.0000%8h46.977+0.014%$192K$102Kas long as short
GRVT IREN_USDT_Perp0.0000%8h46.985+0.032%$5K$210K10xas long as short
SunX IREN-USDT0.0000%8h47.050+0.170%$973$346K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX IREN-USDT0.0000%8h46.980+0.021%$9K$85020xas long as short
Lighter RH IREN+0.0040%1h47.054+0.179%$70K$98K10xas long as short
Extended IREN_24_5-USDlong+0.0040%1h46.970long leg$4K$7K5x
QFEX IREN-USD+0.0043%1h47.030+0.128%$1.2M$1.6M10xas long as short
Paragon para:IREN+0.0060%1h46.990+0.043%$604K$182K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.000+0.064%$739K$251K20xas long as short
tradeXYZ xyz:IREN+0.0199%1h47.007+0.079%$3.1M$2.0M10xas long as short
Phoenix IREN+0.0340%1h46.963−0.015%$85$31K10xas long as short