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 +0.030%

Price spread now: KuCoin against SunX+0.021%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$215as in the Price arb table

costs, in and out, $10k−$2172.165% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.336%+$34 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.021%, 7d avg +0.009%

Together, before fees+0.400%+$40 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, 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	SunX IREN-USDT	46.860	0	get 0.0000% / 8h	32m 46s	$1K	$334K	10x
Short	KuCoin IRENUSDTM	46.870	0.0100	get 0.0100% / 8h	32m 46s	$737K	$264K	20x

Funding history

latest

Range statsloading…

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now +0.021%Rate

Slippage from SunX: live order book, 18 min ago; KuCoin: live order book, 32 min ago.

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, 18 min ago	47.02 bp	65.6 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 32 min ago	7.48 bp	37.4 bp −$37	doesn't fit	doesn't fit	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
Bitget IRENUSDT	−0.0233%	8h	46.824	−0.077%	$2.1M	$538K	20x	as long as short
Vest IREN-USD-PERP	−0.0001%	1h	46.750	−0.235%	—	$15K	10x	as long as short
Aster IRENUSDT	0.0000%	8h	46.890	+0.065%	$24K	$9K	20x	as long as short
Binance IRENUSDT	0.0000%	8h	46.878	+0.037%	$3.5M	$6.2M	25x	as long as short
Bybit IRENUSDT	0.0000%	8h	46.830	−0.064%	$1.2M	$552K	25x	as long as short
OKX IREN-USDT-SWAP	0.0000%	8h	46.870	+0.021%	$626K	$689K	25x	as long as short
Gate IREN_USDT	0.0000%	8h	46.880	+0.043%	$753K	$1.2M	25x	as long as short
Variational Omni IREN	0.0000%	8h	46.861	+0.002%	$191K	$92K	—	as long as short
GRVT IREN_USDT_Perp	0.0000%	8h	46.885	+0.054%	$5K	$219K	10x	as long as short
SunX IREN-USDTlong	0.0000%	8h	46.860	long leg	$1K	$334K	10x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX IREN-USDT	0.0000%	8h	46.840	−0.043%	$9K	$877	20x	as long as short
Extended IREN_24_5-USD	+0.0040%	1h	46.815	−0.096%	$4K	$7K	5x	as long as short
QFEX IREN-USD	+0.0043%	1h	46.860	0.000%	$1.2M	$1.5M	10x	as long as short
Paragon para:IREN	+0.0060%	1h	46.809	−0.109%	$602K	$177K	10x	as long as short
Lighter RH IREN	+0.0088%	1h	46.888	+0.060%	$70K	$97K	10x	as long as short
KuCoin IRENUSDTMshort	+0.0100%	8h	46.870	+0.021%	$737K	$264K	20x
tradeXYZ xyz:IREN	+0.0154%	1h	46.843	−0.036%	$3.1M	$2.0M	10x	as long as short
Phoenix IREN	+0.0308%	1h	46.861	+0.002%	$83	$31K	10x	as long as short