Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1861.860% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX IREN-USDT | 47.640 | 0 | get 0.0000% / 8h | 7h 52m | $878 | $370K | 10x |
| Short | Bybit IRENUSDT | 47.640 | 0 | get 0.0000% / 8h | 7h 52m | $1.2M | $475K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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
- $0
- Price spread: 0.000% → −0.011%
- $1.15
- Slippage, 4 orders
- −$167
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$184.85
- Costs to cover
- 1.860%
- Break-even
- never at this rate
Slippage from SunX: live order book, 68 min ago; Bybit: live order book, 3 min ago.
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 SunX live order book, 68 min ago | 47.43 bp | 67.0 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.10 bp | 24.8 bp −$25 | 120.7 bp −$1,207 | 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 | 47.694 | +0.114% | $29K | $4K | 20x | as long as short |
| Bybit IRENUSDTshort | 0.0000% | 8h | 47.640 | 0.000% | $1.2M | $475K | 25x | |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.680 | +0.084% | $662K | $641K | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.616 | −0.050% | $2.0M | $442K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.639 | −0.003% | $208K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.590 | −0.105% | $5K | $186K | 10x | as long as short |
| SunX IREN-USDTlong | 0.0000% | 8h | 47.640 | long leg | $878 | $370K | 10x | |
| HTX IREN-USDT | 0.0000% | 8h | 47.620 | −0.042% | $9K | $724 | 20x | as long as short |
| Vest IREN-USD-PERP | +0.0001% | 1h | 47.600 | −0.084% | — | $15K | 10x | as long as short |
| Binance IRENUSDT | +0.0015% | 8h | 47.670 | +0.063% | $3.5M | $6.3M | 25x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH IREN | +0.0032% | 1h | 47.694 | +0.113% | $68K | $108K | 10x | as long as short |
| Gate IREN_USDT | +0.0035% | 8h | 47.640 | 0.000% | $746K | $1.2M | 25x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.600 | −0.084% | $4K | $8K | 5x | as long as short |
| QFEX IREN-USD | +0.0045% | 1h | 47.650 | +0.021% | $1.2M | $2.1M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.620 | −0.042% | $640K | $147K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.620 | −0.042% | $750K | $157K | 20x | as long as short |
| Phoenix IREN | +0.0337% | 1h | 47.689 | +0.103% | $83 | $35K | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.1074% | 1h | 47.648 | +0.017% | $3.2M | $1.9M | 10x | as long as short |
SunX IREN-USDT
Bybit IRENUSDT
Aster IRENUSDT
OKX IREN-USDT-SWAP
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
HTX IREN-USDT
Binance IRENUSDT
Lighter RH IREN
Gate IREN_USDT
Extended IREN_24_5-USD
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN
tradeXYZ xyz:IREN