Funding you earn now, next payment 10:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.005%
Price spread now: Vest against Variational Omni−0.141%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.141% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IREN | 46.976 | 0 | get 0.0000% / 8h | 6h 57m | $183K | $101K | — |
| Short | Vest IREN-USD-PERP | 46.910 | −0.0025 | pay 0.0003% / 1h | 57m 16s | — | $15K | 10x |
Variational Omni IREN
Vest IREN-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$5.19
- Price spread: −0.141% → 0.000%
- −$14.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$21.31
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; Vest: 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, 37 min ago | 3.54 bp | doesn't fit | 79.0 bp −$790 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IRENUSDT | −0.0032% | 8h | 46.954 | −0.047% | $2.1M | $640K | 20x | as long as short |
| Vest IREN-USD-PERPshort | −0.0025% | 1h | 46.910 | −0.141% | — | $15K | 10x | |
| Aster IRENUSDT | 0.0000% | 8h | 46.926 | −0.108% | $24K | $9K | 20x | as long as short |
| Bybit IRENUSDT | 0.0000% | 8h | 46.990 | +0.029% | $1.2M | $572K | 25x | as long as short |
| OKX IREN-USDT-SWAP | 0.0000% | 8h | 47.020 | +0.093% | $630K | $672K | 25x | as long as short |
| Gate IREN_USDT | 0.0000% | 8h | 47.010 | +0.072% | $811K | $1.4M | 25x | as long as short |
| Variational Omni IRENlong | 0.0000% | 8h | 46.976 | long leg | $183K | $101K | — | |
| SunX IREN-USDT | 0.0000% | 8h | 46.990 | +0.029% | $973 | $322K | 10x | as long as short |
| HTX IREN-USDT | 0.0000% | 8h | 47.030 | +0.114% | $9K | $870 | 20x | as long as short |
| Binance IRENUSDT | +0.0031% | 8h | 47.020 | +0.094% | $3.5M | $6.4M | 25x | as long as short |
Bitget IRENUSDT
Aster IRENUSDT
Bybit IRENUSDT
OKX IREN-USDT-SWAP
Gate IREN_USDT
SunX IREN-USDT
HTX IREN-USDT
Binance IRENUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH IREN | +0.0032% | 1h | 47.033 | +0.121% | $70K | $96K | 10x | as long as short |
| Extended IREN_24_5-USD | +0.0040% | 1h | 46.940 | −0.077% | $4K | $4K | 5x | as long as short |
| QFEX IREN-USD | +0.0051% | 1h | 47.010 | +0.072% | $1.2M | $1.5M | 10x | as long as short |
| Paragon para:IREN | +0.0060% | 1h | 46.940 | −0.077% | $604K | $177K | 10x | as long as short |
| KuCoin IRENUSDTM | +0.0100% | 8h | 47.000 | +0.050% | $743K | $346K | 20x | as long as short |
| tradeXYZ xyz:IREN | +0.0251% | 1h | 47.003 | +0.057% | $3.1M | $2.0M | 10x | as long as short |
| Phoenix IREN | +0.0342% | 1h | 46.984 | +0.016% | $85 | $31K | 10x | as long as short |
| GRVT IREN_USDT_Perp | +0.0513% | 8h | 47.000 | +0.050% | $5K | $226K | 10x | as long as short |
Lighter RH IREN
Extended IREN_24_5-USD
QFEX IREN-USD
Paragon para:IREN
KuCoin IRENUSDTM
tradeXYZ xyz:IREN
Phoenix IREN
GRVT IREN_USDT_Perp