Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Variational Omni against KuCoin−0.007%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.095%−$9 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.007%, 7d avg −0.002%
=Together, before fees−0.109%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, 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 | 47.090 | 0.0100 | pay 0.0100% / 8h | 3h 03m | $739K | $233K | 20x |
| Short | Variational Omni IREN | 47.087 | 0 | get 0.0000% / 8h | 3h 03m | $192K | $102K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.007% → −0.002%
- −$0.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.48
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; Variational Omni: RFQ quote, 50 min ago. 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 KuCoin live order book, 11 min ago | 5.29 bp | 44.8 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 50 min ago | 5.20 bp | doesn't fit | 75.3 bp −$753 | doesn't fit | doesn't fit |
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 | 47.141 | +0.109% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.090 | 0.000% | $3.4M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.080 | −0.021% | $1.2M | $544K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.080 | −0.021% | $647K | $649K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.110 | +0.042% | $722K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.054 | −0.076% | $2.1M | $501K | 20x | as long as short |
| Variational Omni IRENshort | 0.0000% | 8h | 47.087 | −0.007% | $192K | $102K | — | |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.132 | +0.089% | $4K | $204K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.100 | +0.021% | $983 | $356K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.100 | +0.021% | $9K | $832 | 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 | −0.191% | — | $15K | 10x | as long as short |
| QFEX IREN-USD | +0.0011% | 1h | 47.080 | −0.021% | $1.2M | $1.5M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.020 | −0.149% | $4K | $7K | 5x | as long as short |
| Paragon para:IREN | +0.0062% | 1h | 47.070 | −0.042% | $605K | $182K | 10x | as long as short |
| Lighter RH IREN | +0.0064% | 1h | 47.130 | +0.085% | $69K | $97K | 10x | as long as short |
| KuCoin IRENUSDTMlong | +0.0100% | 8h | 47.090 | long leg | $739K | $233K | 20x | |
| tradeXYZ xyz:IREN | +0.0175% | 1h | 47.076 | −0.030% | $3.2M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0286% | 1h | 47.109 | +0.040% | $84 | $31K | 10x | as long as short |
KuCoin IRENUSDTM
Variational Omni IREN
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDT
Extended IREN_24_5-USD
Paragon para:IREN
Lighter RH IREN
tradeXYZ xyz:IREN
Phoenix IREN