IREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.029%

Price spread now: Binance against KuCoin+0.042%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1071.069% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 4 days (all we have)+0.552%+$55 · spread now +0.042%, 7d avg +0.042%

Together, before fees+0.322%+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin IRENUSDTM	47.100	0.0100	pay 0.0100% / 8h	3h 04m	$740K	$233K	20x
Short	Binance IRENUSDT	47.120	0	get 0.0000% / 8h	3h 04m	$3.4M	$6.1M	25x

Funding history

latest

Range statsloading…

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.042%Rate

Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 10 min ago	5.29 bp	44.8 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	3.18 bp	13.2 bp −$13	35.5 bp −$355	283.8 bp −$28.4K	doesn't fit

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	47.146	+0.097%	$29K	$4K	20x	as long as short
Binance IRENUSDTshort	0.0000%	8h	47.120	+0.042%	$3.4M	$6.1M	25x
Bybit IRENUSDT	0.0000%	8h	47.090	−0.021%	$1.2M	$544K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	47.080	−0.042%	$647K	$649K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	47.100	0.000%	$723K	$1.2M	25x	as long as short
Bitget IRENUSDT	0.0000%	8h	47.052	−0.102%	$2.1M	$499K	20x	as long as short
Variational Omni IREN	0.0000%	8h	47.087	−0.028%	$192K	$102K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	47.132	+0.068%	$4K	$204K	10x	as long as short
SunX IREN-USDT	0.0000%	8h	47.130	+0.064%	$978	$355K	10x	as long as short
HTX IREN-USDT	0.0000%	8h	47.070	−0.064%	$9K	$830	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-PERP	+0.0008%	1h	47.000	−0.212%	—	$15K	10x	as long as short
QFEX IREN-USD	+0.0011%	1h	47.080	−0.042%	$1.2M	$1.5M	10x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	47.030	−0.149%	$4K	$7K	5x	as long as short
Lighter RH IREN	+0.0064%	1h	47.120	+0.042%	$69K	$97K	10x	as long as short
Paragon para:IREN	+0.0064%	1h	47.041	−0.125%	$605K	$182K	10x	as long as short
KuCoin IRENUSDTMlong	+0.0100%	8h	47.100	long leg	$740K	$233K	20x
tradeXYZ xyz:IREN	+0.0175%	1h	47.111	+0.023%	$3.2M	$2.0M	10x	as long as short
Phoenix IREN	+0.0286%	1h	47.109	+0.019%	$84	$31K	10x	as long as short