Settings8H · net · $10k
Funding arb · Price arb /

IREN

RWAall IREN markets
SwapBacktest
Alert: funding
Alert: spread
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: HTX against Variational Omni−0.027%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.027% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni IREN47.2830get 0.0000% / 8h6h 34m$209K$86K
ShortHTX IREN-USDT47.2700get 0.0000% / 8h6h 34m$9K$75420x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.027% → 0.000%
−$2.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.68
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 34 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 34 min ago5.19 bpdoesn't fit63.4 bp −$634doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IRENUSDT0.0000%8h47.400+0.248%$29K$4K20xas long as short
Bybit IRENUSDT0.0000%8h47.280−0.006%$1.2M$527K25xas long as short
OKX IREN-USDT-SWAP0.0000%8h47.310+0.058%$646K$636K25xas long as short
Gate IREN_USDT0.0000%8h47.300+0.037%$727K$1.2M25xas long as short
Bitget IRENUSDT0.0000%8h47.277−0.012%$2.0M$438K20xas long as short
Variational Omni IRENlong0.0000%8h47.283long leg$209K$86K
GRVT IREN_USDT_Perp0.0000%8h47.319+0.076%$4K$180K10xas long as short
SunX IREN-USDT0.0000%8h47.280−0.006%$941$361K10xas long as short
HTX IREN-USDTshort0.0000%8h47.270−0.027%$9K$75420x
Vest IREN-USD-PERP+0.0004%1h47.210−0.154%$15K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance IRENUSDT+0.0028%8h47.320+0.079%$3.4M$6.3M25xas long as short
QFEX IREN-USD+0.0029%1h47.280−0.006%$1.3M$1.9M10xas long as short
Extended IREN_24_5-USD+0.0040%1h47.270−0.027%$4K$7K5xas long as short
KuCoin IRENUSDTM+0.0100%8h47.280−0.006%$743K$178K20xas long as short
Lighter RH IREN+0.0112%1h47.330+0.100%$68K$99K10xas long as short
tradeXYZ xyz:IREN+0.0248%1h47.301+0.039%$3.2M$2.0M10xas long as short
Phoenix IREN+0.0353%1h47.267−0.033%$89$31K10xas long as short
Paragon para:IREN+0.0538%1h47.253−0.063%$597K$172K10xas long as short