Funding you earn now, next payment 05:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.082%
Price spread now: Aster against tradeXYZ+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.061% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:IREN | 47.315 | 0.0088 | pay 0.0011% / 1h | 37m 02s | $3.2M | $2.0M | 10x |
| Short | Aster IRENUSDT | 47.344 | 0 | get 0.0000% / 8h | 3h 37m | $29K | $4K | 20x |
tradeXYZ xyz:IREN
Aster IRENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$18.56
- Price spread: +0.061% → 0.000%
- $6.06
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$38.5
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 1 min ago; Aster: no order-book sample. 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 tradeXYZ live order book, 1 min ago | 2.01 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 IRENUSDTshort | 0.0000% | 8h | 47.344 | +0.061% | $29K | $4K | 20x | |
| Binance IRENUSDT | 0.0000% | 8h | 47.340 | +0.053% | $3.4M | $6.1M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.310 | −0.011% | $1.2M | $539K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.330 | +0.032% | $653K | $651K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.330 | +0.032% | $718K | $1.2M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.311 | −0.008% | $2.1M | $497K | 20x | as long as short |
| Variational Omni IREN | 0.0000% | 8h | 47.412 | +0.204% | $211K | $85K | — | as long as short |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.358 | +0.090% | $4K | $199K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.300 | −0.032% | $968 | $354K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.370 | +0.116% | $9K | $818 | 20x | as long as short |
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
Variational Omni IREN
GRVT IREN_USDT_Perp
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IREN-USD | +0.0011% | 1h | 47.300 | −0.032% | $1.2M | $1.5M | 10x | as long as short |
| Vest IREN-USD-PERP | +0.0017% | 1h | 47.220 | −0.201% | — | $15K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.300 | −0.032% | $4K | $7K | 5x | as long as short |
| Lighter RH IREN | +0.0048% | 1h | 47.362 | +0.099% | $68K | $95K | 10x | as long as short |
| tradeXYZ xyz:IRENlong | +0.0088% | 1h | 47.315 | long leg | $3.2M | $2.0M | 10x | |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.310 | −0.011% | $744K | $224K | 20x | as long as short |
| Paragon para:IREN | +0.0131% | 1h | 47.253 | −0.131% | $607K | $182K | 10x | as long as short |
| Phoenix IREN | +0.0286% | 1h | 47.410 | +0.201% | $86 | $31K | 10x | as long as short |
QFEX IREN-USD
Vest IREN-USD-PERP
Extended IREN_24_5-USD
Lighter RH IREN
KuCoin IRENUSDTM
Paragon para:IREN
Phoenix IREN