Funding you earn now, next payment 21:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.085%
Price spread now: Extended against Variational Omni+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.028% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IREN | 47.384 | 0 | get 0.0000% / 8h | 3h 30m | $187K | $68K | — |
| Short | Extended IREN_24_5-USD | 47.398 | 0.0040 | get 0.0005% / 1h | 30m 14s | $4K | $8K | 5x |
Variational Omni IREN
Extended IREN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Variational Omni. 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
- $8.4
- Price spread: +0.028% → 0.000%
- $2.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $6.23
- Costs to cover
- 0.050%
- Break-even
- 1.8 days
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Extended: 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 Variational Omni RFQ quote, 19 min ago | 6.92 bp | doesn't fit | 68.2 bp −$682 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 IRENUSDT | 0.0000% | 8h | 47.407 | +0.049% | $28K | $3K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.456 | +0.152% | $3.5M | $6.7M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.430 | +0.096% | $1.2M | $502K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.450 | +0.139% | $661K | $691K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.410 | +0.054% | $733K | $1.6M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.390 | +0.012% | $2.0M | $527K | 20x | as long as short |
| Variational Omni IRENlong | 0.0000% | 8h | 47.384 | long leg | $187K | $68K | — | |
| GRVT IREN_USDT_Perp | 0.0000% | 8h | 47.340 | −0.093% | $5K | $199K | 10x | as long as short |
| SunX IREN-USDT | 0.0000% | 8h | 47.450 | +0.139% | $918 | $388K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.350 | −0.072% | $9K | $649 | 20x | as long as short |
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | +0.0013% | 1h | 47.370 | −0.030% | — | $12K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.487 | +0.217% | $67K | $114K | 10x | as long as short |
| Extended IREN_24_5-USDshort | +0.0040% | 1h | 47.398 | +0.028% | $4K | $8K | 5x | |
| QFEX IREN-USD | +0.0045% | 1h | 47.380 | −0.009% | $1.2M | $2.0M | 10x | as long as short |
| tradeXYZ xyz:IREN | +0.0050% | 1h | 47.437 | +0.111% | $3.2M | $1.9M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 47.338 | −0.098% | $622K | $125K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.400 | +0.033% | $738K | $141K | 20x | as long as short |
| Phoenix IREN | +0.0355% | 1h | 47.356 | −0.060% | $85 | $38K | 10x | as long as short |
Vest IREN-USD-PERP
Lighter RH IREN
QFEX IREN-USD
tradeXYZ xyz:IREN
Paragon para:IREN
KuCoin IRENUSDTM
Phoenix IREN