After costs, if the gap returns to its 7d average, $10k−$178
spread now−0.031%7d average+0.055%fees + slippage, in and out−$170spread needed1.697%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:IREN | 47.985 | 0.0060 | pay 0.0008% / 1h | 4m 03s | $631K | $145K | 10x |
| Short | KuCoin IRENUSDTM | 47.970 | 0.0100 | get 0.0100% / 8h | 6h 04m | $754K | $133K | 20x |
Paragon para:IREN
KuCoin IRENUSDTMPrice 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
- −$3.13
- Funding while held
- $1.2
- Slippage, 4 orders
- −$147.71
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171.63
- Spread needed to break even
- 1.697%
Slippage from Paragon: live order book, 63 min ago; KuCoin: live order book, 67 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.20
- 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 Paragon live order book, 63 min ago | 10.93 bp | 19.7 bp −$20 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 14.72 bp | 71.1 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
IREN price on every exchange
against the cheapest. Click to use as the short leg.Vest47.930cheapestHTX47.940+0.021%Extended47.947+0.035%Bitget47.949+0.040%Bybit47.950+0.042%OKX47.960+0.063%SunX47.960+0.063%Gate47.970+0.083%
Vest
HTX
Extended
Bitget
Bybit
OKX
SunX
GateKuCoin47.970+0.083%
QFEX47.980+0.104%Binance47.982+0.109%
QFEX
BinanceParagon47.985+0.115%
Aster47.987+0.119%Variational Omni47.989+0.123%tradeXYZ47.994+0.134%Lighter RH48.013+0.173%Phoenix48.018+0.184%
Aster
Variational Omni
tradeXYZ
Lighter RH
PhoenixIREN on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | −0.115% | +0.0026% | 1h | — | $6K | 10x | as long as short |
| HTX IREN-USDT | −0.094% | 0.0000% | 8h | $9K | $596 | 20x | as long as short |
| Extended IREN_24_5-USD | −0.079% | +0.0040% | 1h | $4K | $6K | 5x | as long as short |
| Bitget IRENUSDT | −0.075% | 0.0000% | 8h | $2.0M | $471K | 20x | as long as short |
| Bybit IRENUSDT | −0.073% | 0.0000% | 8h | $1.2M | $457K | 25x | as long as short |
| OKX IREN-USDT-SWAP | −0.052% | 0.0000% | 8h | $668K | $595K | 25x | as long as short |
| SunX IREN-USDT | −0.052% | 0.0000% | 8h | $1K | $383K | 10x | as long as short |
| Gate IREN_USDT | −0.031% | 0.0000% | 8h | $717K | $1.5M | 25x | as long as short |
| KuCoin IRENUSDTMshort | −0.031% | +0.0100% | 8h | $754K | $133K | 20x | |
| QFEX IREN-USD | −0.010% | +0.0028% | 1h | $1.2M | $1.8M | 10x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance IRENUSDT | −0.006% | 0.0000% | 8h | $3.5M | $6.1M | 25x | as long as short |
| Paragon para:IRENlong | 0.000% | +0.0060% | 1h | $631K | $145K | 10x | |
| Aster IRENUSDT | +0.004% | 0.0000% | 8h | $28K | $2K | 20x | as long as short |
| Variational Omni IREN | +0.009% | 0.0000% | 8h | $172K | $46K | — | as long as short |
| tradeXYZ xyz:IREN | +0.019% | +0.0302% | 1h | $3.8M | $1.5M | 10x | as long as short |
| Lighter RH IREN | +0.058% | +0.0032% | 1h | $68K | $95K | 10x | as long as short |
| Phoenix IREN | +0.069% | +0.0437% | 1h | $85 | $38K | 10x | as long as short |