IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%

Price spread now: Vest against Extended−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.128% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended IREN_24_5-USD	47.040	0.0040	pay 0.0005% / 1h	3m 01s	$4K	$7K	5x
Short	Vest IREN-USD-PERP	46.980	0.0007	get 0.0001% / 1h	3m 01s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee ExtendedbpFee VestbpOrdersPrice spread, now −0.128%Rate

Funding earned: −$6.84
Price spread: −0.128% → 0.000%: −$12.76
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Vest: 1 bp × 2 orders: −$2
Net: −$26.59
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Extended 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster IRENUSDT	0.0000%	8h	47.109	+0.146%	$29K	$4K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	47.070	+0.064%	$3.4M	$6.2M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	47.060	+0.043%	$1.2M	$544K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.080	+0.085%	$647K	$649K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.080	+0.085%	$722K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.023	−0.036%	$2.1M	$501K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.087	+0.099%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.100	+0.128%	$4K	$204K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.060	+0.043%	$1K	$355K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.100	+0.128%	$9K	$831	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-PERPshort	+0.0007%	1h	46.980	−0.128%	—	$15K	10x
QFEX IREN-USD	+0.0011%	1h	47.060	+0.043%	$1.2M	$1.5M	10x	as long as short
Extended IREN_24_5-USDlong	+0.0040%	1h	47.040	long leg	$4K	$7K	5x
Paragon para:IREN	+0.0062%	1h	47.070	+0.064%	$605K	$182K	10x	as long as short
Lighter RH IREN	+0.0064%	1h	47.100	+0.128%	$69K	$97K	10x	as long as short
KuCoin IRENUSDTM	+0.0100%	8h	47.060	+0.043%	$740K	$233K	20x	as long as short
tradeXYZ xyz:IREN	+0.0174%	1h	47.072	+0.068%	$3.2M	$2.0M	10x	as long as short
Phoenix IREN	+0.0286%	1h	47.071	+0.066%	$87	$31K	10x	as long as short