After costs, if the gap returns to its 7d average, $10k−$59
spread now+0.021%7d average+0.005%fees + slippage, in and out−$60spread needed0.601%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IREN_USDT | 48.630 | 0 | get 0.0000% / 8h | 5h 09m | $726K | $1.5M | 25x |
| Short | Binance IRENUSDT | 48.640 | 0 | get 0.0000% / 8h | 5h 09m | $3.6M | $6.3M | 25x |
Gate IREN_USDT
Binance 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
- $2.06
- Funding while held
- $0
- Slippage, 4 orders
- −$35.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58
- Spread needed to break even
- 0.601%
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 15 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 Gate live order book, 4 min ago | 4.11 bp | 12.5 bp −$13 | 46.0 bp −$460 | 73.3 bp −$7,332 | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.06 bp | 12.2 bp −$12 | 48.9 bp −$489 | 107.0 bp −$10.7K | doesn't fit |
IREN price on every exchange
against the cheapest. Click to use as the short leg.Phoenix48.605cheapestVest48.610+0.010%Bitget48.612+0.014%Paragon48.618+0.026%Extended48.619+0.030%Bybit48.620+0.031%QFEX48.620+0.031%HTX48.620+0.031%Aster48.626+0.044%
Phoenix
Vest
Bitget
Paragon
Extended
Bybit
QFEX
HTX
AsterGate48.630+0.051%
SunX48.630+0.051%
SunXBinance48.640+0.072%
tradeXYZ48.649+0.091%OKX48.650+0.093%KuCoin48.650+0.093%Lighter RH48.685+0.165%Variational Omni48.712+0.220%
tradeXYZ
OKX
KuCoin
Lighter RH
Variational OmniIREN on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix IREN | −0.051% | +0.0351% | 1h | $91 | $38K | 10x | as long as short |
| Vest IREN-USD-PERP | −0.041% | +0.0044% | 1h | — | $6K | 10x | as long as short |
| Bitget IRENUSDT | −0.037% | 0.0000% | 8h | $2.0M | $480K | 20x | as long as short |
| Paragon para:IREN | −0.025% | +0.0060% | 1h | $639K | $146K | 10x | as long as short |
| Extended IREN_24_5-USD | −0.022% | +0.0040% | 1h | $4K | $6K | 5x | as long as short |
| Bybit IRENUSDT | −0.021% | 0.0000% | 8h | $1.2M | $471K | 25x | as long as short |
| QFEX IREN-USD | −0.021% | +0.0014% | 1h | $1.2M | $1.9M | 10x | as long as short |
| HTX IREN-USDT | −0.021% | 0.0000% | 8h | $9K | $613 | 20x | as long as short |
| Aster IRENUSDT | −0.007% | 0.0000% | 8h | $29K | $3K | 20x | as long as short |
| Gate IREN_USDTlong | 0.000% | 0.0000% | 8h | $726K | $1.5M | 25x |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX IREN-USDT | 0.000% | 0.0000% | 8h | $835 | $385K | 10x | as long as short |
| Binance IRENUSDTshort | +0.021% | 0.0000% | 8h | $3.6M | $6.3M | 25x | |
| tradeXYZ xyz:IREN | +0.039% | +0.0299% | 1h | $3.6M | $1.6M | 10x | as long as short |
| OKX IREN-USDT-SWAP | +0.041% | 0.0000% | 8h | $685K | $629K | 25x | as long as short |
| KuCoin IRENUSDTM | +0.041% | +0.0100% | 8h | $765K | $134K | 20x | as long as short |
| Lighter RH IREN | +0.113% | +0.0032% | 1h | $68K | $96K | 10x | as long as short |
| Variational Omni IREN | +0.168% | 0.0000% | 8h | $176K | $48K | — | as long as short |