Spread before costs (cost unknown: a leg has no order-book sample)+0.022%
7d average—if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IREN_USDT | 48.540 | 0 | get 0.0000% / 8h | 5h 24m | $725K | $1.5M | 25x |
| Short | Aster IRENUSDT | 48.551 | 0 | get 0.0000% / 8h | 5h 24m | $29K | $3K | 20x |
Gate IREN_USDT
Aster 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
- $2.18
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$20.82
- Spread needed to break even
- 0.230%
Slippage unknown: Gate: live order book, 4 min ago; Aster: no order-book sample. Net counts fees only.
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 Gate live order book, 4 min ago | 7.20 bp | 19.6 bp −$20 | 49.2 bp −$492 | 72.9 bp −$7,293 | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 price on every exchange
against the cheapest. Click to use as the short leg.Bitget48.519cheapestExtended48.520+0.002%Bybit48.530+0.023%OKX48.530+0.023%
Bitget
Extended
Bybit
OKXGate48.540+0.043%
KuCoin48.540+0.043%
KuCoinAster48.551+0.065%
Binance48.551+0.067%tradeXYZ48.556+0.076%Vest48.560+0.085%Variational Omni48.562+0.089%QFEX48.580+0.126%SunX48.600+0.167%Paragon48.605+0.177%Lighter RH48.607+0.181%HTX48.620+0.208%Phoenix48.663+0.297%
Binance
tradeXYZ
Vest
Variational Omni
QFEX
SunX
Paragon
Lighter RH
HTX
PhoenixIREN on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.043% | 0.0000% | 8h | $2.0M | $477K | 20x | as long as short |
| Extended IREN_24_5-USD | −0.041% | +0.0040% | 1h | $4K | $6K | 5x | as long as short |
| Bybit IRENUSDT | −0.021% | 0.0000% | 8h | $1.2M | $467K | 25x | as long as short |
| OKX IREN-USDT-SWAP | −0.021% | 0.0000% | 8h | $685K | $622K | 25x | as long as short |
| Gate IREN_USDTlong | 0.000% | 0.0000% | 8h | $725K | $1.5M | 25x | |
| KuCoin IRENUSDTM | 0.000% | +0.0100% | 8h | $763K | $134K | 20x | as long as short |
| Aster IRENUSDTshort | +0.022% | 0.0000% | 8h | $29K | $3K | 20x | |
| Binance IRENUSDT | +0.023% | 0.0000% | 8h | $3.6M | $6.2M | 25x | as long as short |
| tradeXYZ xyz:IREN | +0.033% | +0.0302% | 1h | $3.6M | $1.6M | 10x | as long as short |
| Vest IREN-USD-PERP | +0.041% | +0.0038% | 1h | — | $6K | 10x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni IREN | +0.046% | 0.0000% | 8h | $173K | $46K | — | as long as short |
| QFEX IREN-USD | +0.082% | +0.0014% | 1h | $1.2M | $1.9M | 10x | as long as short |
| SunX IREN-USDT | +0.124% | 0.0000% | 8h | $981 | $385K | 10x | as long as short |
| Paragon para:IREN | +0.134% | +0.0060% | 1h | $639K | $145K | 10x | as long as short |
| Lighter RH IREN | +0.138% | +0.0032% | 1h | $68K | $95K | 10x | as long as short |
| HTX IREN-USDT | +0.165% | 0.0000% | 8h | $9K | $606 | 20x | as long as short |
| Phoenix IREN | +0.253% | +0.0351% | 1h | $92 | $38K | 10x | as long as short |