IRYS funding rates and arbitrage
Updated 2026-11-12 00:16 UTC
Best IRYS arbitrage after every cost
No IRYS pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
IRYS funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Variational | IRYS-PERP | 0.0050% | 4 h | +10.9% | +10.7% | $105.6K | 2026-11-12 04:00 |
| Gate | IRYS_USDT | -0.0061% | 4 h | −13.4% | −11.1% | $291.4K | 2026-11-12 04:00 |
| Aster | IRYSUSDT | -0.0046% | 1 h | −40.0% | +1.7% | — | 2026-11-12 01:00 |
| BingX | IRYS-USDT | -0.0187% | 4 h | −40.9% | +11.8% | — | 2026-11-12 04:00 |
| Bitget | IRYSUSDT | -0.0269% | 4 h | −58.9% | +2.2% | $1.1M | 2026-11-12 04:00 |
| BloFin | IRYS-USDT | -0.0406% | 4 h | −88.9% | −4.8% | $171.6K | 2026-11-12 04:00 |
| MEXC | IRYS_USDT | -0.0406% | 4 h | −88.9% | −4.5% | $1M | 2026-11-12 04:00 |
| LBank | IRYSUSDT | -0.0407% | 4 h | −89.0% | −24.9% | — | 2026-11-12 04:00 |
| Binance | IRYSUSDT | -0.0407% | 4 h | −89.0% | −2.3% | — | 2026-11-12 04:00 |
| Extended | IRYS-USD | -0.0102% | 1 h | −89.4% | −4.3% | $4.8K | 2026-11-12 01:00 |
| Bitunix | IRYSUSDT | -0.0422% | 4 h | −92.5% | −4.3% | — | 2026-11-12 04:00 |
| OKX | IRYS-USDT-SWAP | -0.0659% | 4 h | −144.4% | −8.2% | $1.1M | 2026-11-12 04:00 |
| KuCoin | IRYSUSDTM | -0.0683% | 4 h | −149.6% | +5.9% | $3.3M | 2026-11-12 04:00 |
| Bybit | IRYSUSDT | -0.1022% | 4 h | −223.9% | −10.8% | $2.2M | 2026-11-12 04:00 |
Cost to enter $10,000 of IRYS
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | IRYS_USDT | 3.0 bp | top of book only |
| Bybit | IRYSUSDT | 6.4 bp | top of book only |
| Binance | IRYSUSDT | 8.0 bp | top of book only |
| OKX | IRYS-USDT-SWAP | 8.0 bp | top of book only |
| Extended | IRYS-USD | 8.2 bp | top of book only |
| Bitget | IRYSUSDT | 9.0 bp | top of book only |
| BloFin | IRYS-USDT | 9.0 bp | top of book only |
| Variational | IRYS-PERP | 9.0 bp | top of book only |
| Gate | IRYS_USDT | 10.5 bp | top of book only |
| KuCoin | IRYSUSDTM | 11.1 bp | top of book only |
| OKX | IRYS-USDT (spot) | 13.0 bp | top of book only |
| Aster | IRYSUSDT | 13.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
Questions
Is IRYS funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no IRYS pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest IRYS funding rate?
Variational at +10.9% a year (0.0050% every 4 h); the lowest is Bybit at −223.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.