After costs, if the gap returns to its 7d average, $10k−$88
spread now+0.085%7d average+0.036%fees + slippage, in and out−$93spread needed0.931%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:IREN | 47.130 | 0.0060 | pay 0.0008% / 1h | 21m 02s | $646K | $114K | 10x |
| Short | OKX IREN-USDT-SWAP | 47.170 | 0 | get 0.0000% / 8h | 1h 21m | $642K | $480K | 25x |
Paragon para:IREN
OKX IREN-USDT-SWAPPrice 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
- $8.49
- Funding while held
- −$1.8
- Slippage, 4 orders
- −$73.12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.44
- Spread needed to break even
- 0.931%
Slippage from Paragon: live order book, 6 min ago; OKX: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0060%
- Per $10,000 a day
- −$1.80
- 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, 6 min ago | 16.69 bp | 23.1 bp −$23 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 5.32 bp | 32.8 bp −$33 | 374.0 bp −$3,740 | doesn't fit | doesn't fit |
IREN price on every exchange
against the cheapest. Click to use as the short leg.HTX47.010cheapestVest47.020+0.021%Bitget47.032+0.047%Bybit47.050+0.085%Extended47.051+0.087%tradeXYZ47.055+0.096%Binance47.073+0.133%Variational Omni47.073+0.135%Gate47.100+0.191%Phoenix47.109+0.211%Aster47.129+0.254%
HTX
Vest
Bitget
Bybit
Extended
tradeXYZ
Binance
Variational Omni
Gate
Phoenix
AsterParagon47.130+0.255%
QFEX47.130+0.255%KuCoin47.140+0.277%Lighter RH47.142+0.281%SunX47.150+0.298%
QFEX
KuCoin
Lighter RH
SunXOKX47.170+0.340%
IREN on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX IREN-USDT | −0.255% | 0.0000% | 8h | $9K | $528 | 20x | as long as short |
| Vest IREN-USD-PERP | −0.233% | −0.0001% | 1h | — | $3K | 10x | as long as short |
| Bitget IRENUSDT | −0.208% | 0.0000% | 8h | $1.9M | $402K | 20x | as long as short |
| Bybit IRENUSDT | −0.170% | 0.0000% | 8h | $1.2M | $474K | 25x | as long as short |
| Extended IREN_24_5-USD | −0.168% | +0.0040% | 1h | $4K | $5K | 5x | as long as short |
| tradeXYZ xyz:IREN | −0.159% | +0.0454% | 1h | $3.6M | $1.3M | 10x | as long as short |
| Binance IRENUSDT | −0.122% | 0.0000% | 8h | $3.5M | $4.8M | 25x | as long as short |
| Variational Omni IREN | −0.120% | 0.0000% | 8h | $160K | $46K | — | as long as short |
| Gate IREN_USDT | −0.064% | 0.0000% | 8h | $710K | $1.4M | 25x | as long as short |
| Phoenix IREN | −0.045% | +0.0322% | 1h | $85 | $37K | 10x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster IRENUSDT | −0.002% | 0.0000% | 8h | $28K | $2K | 20x | as long as short |
| Paragon para:IRENlong | 0.000% | +0.0060% | 1h | $646K | $114K | 10x | |
| QFEX IREN-USD | 0.000% | +0.0035% | 1h | $1.2M | $1.6M | 10x | as long as short |
| KuCoin IRENUSDTM | +0.021% | +0.0100% | 8h | $751K | $126K | 20x | as long as short |
| Lighter RH IREN | +0.025% | +0.0032% | 1h | $67K | $92K | 10x | as long as short |
| SunX IREN-USDT | +0.042% | 0.0000% | 8h | $1K | $308K | 10x | as long as short |
| OKX IREN-USDT-SWAPshort | +0.085% | 0.0000% | 8h | $642K | $480K | 25x |