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

IREN

RWAall IREN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.063%
Price spread now: Gate against HTX0.000%50s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX IREN-USDT47.6500get 0.0000% / 8h7h 51m$9K$72720x
ShortGate IREN_USDT47.6500.0155get 0.0155% / 8h7h 51m$747K$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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
$32.55
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$5.55
Costs to cover
0.270%
Break-even
5.8 days
Slippage unknown: HTX: no order-book sample; Gate: live order book, 1 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 HTX no order-book sample
Sell Gate live order book, 1 min ago2.10 bp22.9 bp −$2373.3 bp −$733116.3 bp −$11.6Kdoesn't fit
HTX: 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
Aster IRENUSDT0.0000%8h47.674+0.051%$29K$4K20xas long as short
Bybit IRENUSDT0.0000%8h47.670+0.042%$1.2M$474K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.680+0.063%$661K$641K25xas long as short
Bitget IRENUSDT0.0000%8h47.616−0.071%$2.0M$442K20xas long as short
Variational Omni IREN0.0000%8h47.693+0.089%$208K$85Kas long as short
SunX IREN-USDT0.0000%8h47.640−0.021%$878$369K10xas long as short
HTX IREN-USDTlong0.0000%8h47.650long leg$9K$72720x
Vest IREN-USD-PERP+0.0001%1h47.580−0.147%$15K10xas long as short
Binance IRENUSDT+0.0019%8h47.690+0.084%$3.5M$6.3M25xas long as short
Lighter RH IREN+0.0032%1h47.706+0.118%$68K$108K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended IREN_24_5-USD+0.0040%1h47.635−0.031%$4K$8K5xas long as short
QFEX IREN-USD+0.0045%1h47.690+0.084%$1.2M$2.1M10xas long as short
Paragon para:IREN+0.0060%1h47.620−0.063%$640K$147K10xas long as short
KuCoin IRENUSDTM+0.0100%8h47.630−0.042%$751K$157K20xas long as short
Gate IREN_USDTshort+0.0155%8h47.6500.000%$747K$1.2M25x
GRVT IREN_USDT_Perp+0.0327%8h47.700+0.105%$4K$186K10xas long as short
Phoenix IREN+0.0337%1h47.689+0.082%$89$35K10xas long as short
tradeXYZ xyz:IREN+0.0949%1h47.673+0.048%$3.2M$1.9M10xas long as short