Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.030%
Price spread now: Paragon against Variational Omni−0.062%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.062%, 7d avg −0.047%
=Together, before fees+0.016%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IREN | 47.455 | 0 | get 0.0000% / 8h | 35m 59s | $207K | $88K | — |
| Short | Paragon para:IREN | 47.425 | 0.0060 | get 0.0008% / 1h | 35m 59s | $637K | $147K | 10x |
Variational Omni IREN
Paragon para:IRENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $12.6
- Price spread: −0.062% → −0.047%
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $1.1
- Costs to cover
- 0.100%
- Break-even
- 6.4 days
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Paragon: live order book, 30 min ago. 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, 43 min ago | 3.50 bp | doesn't fit | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 30 min ago | 21.11 bp | 26.1 bp −$26 | 42.3 bp −$423 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest IREN-USD-PERP | −0.0001% | 1h | 47.380 | −0.157% | — | $15K | 10x | as long as short |
| Aster IRENUSDT | 0.0000% | 8h | 47.478 | +0.049% | $29K | $4K | 20x | as long as short |
| Binance IRENUSDT | 0.0000% | 8h | 47.460 | +0.012% | $3.5M | $6.6M | 25x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 47.440 | −0.031% | $1.2M | $490K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.450 | −0.010% | $662K | $668K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.440 | −0.031% | $736K | $1.5M | 25x | as long as short |
| Bitget IRENUSDT | 0.0000% | 8h | 47.427 | −0.058% | $2.0M | $503K | 20x | as long as short |
| Variational Omni IRENlong | 0.0000% | 8h | 47.455 | long leg | $207K | $88K | — | |
| SunX IREN-USDT | 0.0000% | 8h | 47.450 | −0.010% | $1K | $386K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.410 | −0.094% | $9K | $711 | 20x | as long as short |
Vest IREN-USD-PERP
Aster IRENUSDT
Binance IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
Bitget IRENUSDT
SunX IREN-USDT
HTX IREN-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT IREN_USDT_Perp | +0.0031% | 8h | 47.460 | +0.011% | $4K | $191K | 10x | as long as short |
| Lighter RH IREN | +0.0032% | 1h | 47.481 | +0.056% | $68K | $111K | 10x | as long as short |
| QFEX IREN-USD | +0.0032% | 1h | 47.440 | −0.031% | $1.2M | $2.1M | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 47.425 | −0.062% | $4K | $8K | 5x | as long as short |
| Paragon para:IRENshort | +0.0060% | 1h | 47.425 | −0.062% | $637K | $147K | 10x | |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.470 | +0.033% | $746K | $154K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0309% | 1h | 47.433 | −0.045% | $3.2M | $1.9M | 10x | as long as short |
| Phoenix IREN | +0.0388% | 1h | 47.474 | +0.041% | $86 | $38K | 10x | as long as short |
GRVT IREN_USDT_Perp
Lighter RH IREN
QFEX IREN-USD
Extended IREN_24_5-USD
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN