IRYS funding rates

IRYS perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
26.6%long Bybit, short Binance · net 21.2%
Highest funding now
12.6%Aster
Lowest funding now
10.9%BinanceCEX
Listed on
8 venues

Funding by venue

7d chartFlagsOpen
AsterIRYSUSDT12.6%18.5%20.9%27.2%21.3%100%4h04:000.01461$7k$3kAsAster
ExtendedIRYS-USD11.4%25.1%22.5%18.6%22.1%100%1h03:000.01461$3k$89kExExtended
BinanceCEXIRYSUSDT10.9%25.2%23.2%18.7%22.8%100%4h04:000.01462$1.7M$833kBnBinance
BybitCEXIRYSUSDT10.9%11.1%−3.4%28.2%−5.8%67%4h04:000.01464$863k$155kByBybit
BitgetCEXIRYSUSDT10.9%10.9%11.5%13.4%11.6%100%4h04:000.01462$923k$24kBgBitget
GateCEXIRYS_USDT10.9%14.3%12.5%11.7%12.2%100%4h04:000.01463$141k$13kGtGate
MEXCCEXIRYS_USDT10.9%25.6%23.0%18.6%22.5%100%4h04:000.01467$155k$119kMxMEXC
VariationalIRYS10.9%10.9%10.7%23.6%10.6%99%4h—0.0146$8k$1kVaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
BybitCEXMEXCCEX0.0%14.5%26.3%−9.6%22.4%33.6%2.1dcooling$155kByMxcalc
BybitCEXBinanceCEX0.0%14.1%26.6%3.1%21.2%31.7%2.9dcooling$863kByBncalc
BybitCEXExtended0.4%14.1%25.9%−9.7%21.7%32.6%2.3dsteady$3klow OI4h/1hByExcalc
BybitCEXAster1.7%7.4%24.3%−1.0%19.3%29.0%2.9dsteady$7klow OIByAscalc
BybitCEXGateCEX0.0%3.3%15.9%−16.5%9.1%13.6%6.0dcooling$141kByGtcalc
BybitCEXBitgetCEX0.0%−0.1%14.9%−14.9%8.9%13.3%5.6dcooling$863kByBgcalc
BitgetCEXMEXCCEX0.0%14.6%11.4%5.2%7.3%10.9%5.1dcooling$155kBgMxcalc
BitgetCEXBinanceCEX0.0%14.2%11.6%6.1%5.9%8.9%6.9dcooling$923kBgBncalc
VariationalMEXCCEX0.0%14.6%12.3%−4.9%11.3%16.9%1.2dcooling$8klow OIspread not incl.VaMxcalc
BybitCEXVariational0.0%−0.1%14.0%−4.7%11.2%16.8%2.9dcooling$8klow OIspread not incl.ByVacalc
GateCEXMEXCCEX0.0%11.2%10.5%6.9%5.5%8.3%6.6dcooling$141kGtMxcalc
VariationalExtended0.4%14.2%11.8%−5.0%10.5%15.8%1.5dsteady$3klow OI4h/1hspread not incl.VaExcalc
VariationalBinanceCEX0.0%14.2%12.5%3.4%9.9%14.8%2.9dcooling$8klow OIspread not incl.VaBncalc
GateCEXBinanceCEX0.0%10.9%10.7%6.8%4.2%6.2%8.6dcooling$141kGtBncalc
VariationalAster1.7%7.5%10.3%3.7%8.2%12.2%2.8dsteady$7klow OIspread not incl.VaAscalc
BitgetCEXExtended0.4%14.2%11.0%5.2%6.6%9.8%5.6dsteady$3klow OI4h/1hBgExcalc
GateCEXExtended0.4%10.8%10.0%6.8%4.8%7.2%7.3dsteady$3klow OI4h/1hGtExcalc
BitgetCEXAster1.7%7.5%9.4%13.8%4.2%6.3%7.8dsteady$7klow OIBgAscalc
GateCEXAster1.7%4.1%8.4%15.5%2.4%3.7%10.0dsteady$7klow OIGtAscalc
AsterMEXCCEX−1.7%7.1%2.0%−8.6%−1.1%−1.6%21dweak$7klow OIAsMxcalc
MEXCCEXBinanceCEX0.0%−0.4%0.1%0.1%−3.5%−5.3%377dweak$155kMxBncalc
AsterExtended−1.2%6.7%1.6%−8.7%−1.8%−2.7%30dweak$3klow OI4h/1hAsExcalc
VariationalGateCEX0.0%3.4%1.8%−11.8%−2.1%−3.1%30dweak$8klow OIspread not incl.VaGtcalc
VariationalBitgetCEX0.0%0.0%0.9%−10.2%−2.3%−3.4%51dweak$8klow OIspread not incl.VaBgcalc
AsterBinanceCEX−1.7%6.7%2.2%−6.9%−2.5%−3.8%30dweak$7klow OIAsBncalc
MEXCCEXExtended0.4%−0.4%−0.5%−0.1%−2.8%−4.2%—weak$3klow OI4h/1hMxExcalc
BitgetCEXGateCEX0.0%3.4%1.0%−1.7%−6.1%−9.1%102dweak$141kBgGtcalc
ExtendedMEXCCEX−0.4%0.4%0.5%0.1%−1.9%−2.8%73dmixed$3klow OI1h/4hExMxcalc
BinanceCEXExtended0.4%0.0%−0.6%0.0%−4.5%−6.8%—weak$3klow OI4h/1hBnExcalc
MEXCCEXAster1.7%−7.1%−2.0%8.6%−5.2%−7.8%—weak$7klow OIMxAscalc
ExtendedBinanceCEX−0.4%0.0%0.6%0.0%−3.3%−5.0%92dmixed$3klow OI1h/4hExBncalc
BinanceCEXAster1.7%−6.7%−2.2%6.9%−6.9%−10.3%—weak$7klow OIBnAscalc
ExtendedAster1.2%−6.7%−1.6%8.7%−5.0%−7.5%—mixed$3klow OI1h/4hExAscalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 02:32 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 0.0145957, sell on MEXC at 0.01467: 0.507% before fees, 0.467% after taker fees.

IRYS: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →MEXC0.01467Bybit0.01464Gate0.01463Binance0.01462Bitget0.01462Extended0.0146109Aster0.0146097Variational0.0145957
Variational0.01459570.507%0.303%0.234%0.166%0.166%0.103%0.095%—
Aster0.01460970.412%0.207%0.139%0.071%0.071%0.008%—−0.095%
Extended0.01461090.404%0.199%0.131%0.063%0.063%—−0.008%−0.103%
Binance0.014620.341%0.137%0.068%—0.000%−0.063%−0.071%−0.166%
Bitget0.014620.341%0.137%0.068%0.000%—−0.063%−0.071%−0.166%
Gate0.014630.273%0.068%—−0.068%−0.068%−0.131%−0.139%−0.234%
Bybit0.014640.205%—−0.068%−0.137%−0.137%−0.199%−0.207%−0.303%
MEXC0.01467—−0.205%−0.273%−0.341%−0.341%−0.404%−0.412%−0.507%
All quotes (8)
VenueBidAskQualityAgeVol 24hFlags
Aster0.01460970.0146097mark4m$3kno FX
BinanceCEX0.014620.01462mark4m$833kno FX
BitgetCEX0.014620.01462mark4m$24kno FX
BybitCEX0.014640.01464mark4m$155kno FX
Extended0.01461090.0146109mark4m$89k
GateCEX0.014630.01463mark4m$13kno FX
MEXCCEX0.014670.01467mark2m$119kno FX
Variational0.01459570.0145957mark4m$1k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.