← radar
IRYS — funding rate on Bitget
Bitget · IRYSUSDT+0.005%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.005%• unchanged
3:29:16settlement
0calmheat
Price (mark)
0.01693
-3.4% 24h
Vol 24h
$717K
Open interest
$1.1M
Price move in 2 min
—
avg 7d
-0.001%/h
avg 30d
-0.004%/h
Price and skew
Liquidations
24h$2K
$2K longs$0 shorts
Longs were wiped — 100% of the total. $22 over the last hour.
Event life curvePRO · open for now
Across 5 closed events of this pair: a typical one lives 3h 29m, the peak usually lands at minute 155–160
median across 5 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 1 of 5 cases
median — 0.29% accrued against a 5.69% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.13 · $0.03/hour
- Net snipe per settlement
- $-3.88 = 0.005% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.03×needs 0.160%+ per settlement
- Liquidation price
- 0.020231 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (28)
before cut-off · 5m · the snipe window (28)
avg+1.77% | -3.15%
max-27.62%
after · 5m
avg+1.09% | -3.78%
max-27.55%
before cut-off · 15m
avg+3.29% | -4.29%
max-42.55%
after · 15m
avg+1.87% | -4.37%
max-32.39%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 28.10 01:00 | -0.047% | -2.99% | -1.14% |
| 28.10 00:00 | -0.130% | -0.20% | -4.23% |
| 27.10 07:00 | -0.076% | -1.80% | +0.41% |
| 27.10 06:00 | -0.151% | -2.33% | +0.80% |
| 27.10 05:00 | -0.175% | -0.93% | +0.17% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 28 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 638 settlements
IRYS on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bybit | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| Bitget ← you are here | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
| OKX | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Binance+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bybit+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Bitget← you are here+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
OKX+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: 0.000%/h
IRYS across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bybitevery 4hBitgetevery 4hBinanceevery 4hOKXevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0024%/h
widest spread
0.0502%/h
04.11 09:00 UTC · Bitget ↔ Bybit
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.