IREN Funding Rate — live across 7 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized IREN perpetual funding across all 7 venues Perpia tracks. Right now IREN funding is positive on 5 and negative on 0, ranging from +41.4% on Bitget to +0.0% on Aster — a spread of 41.4%. The widest delta-neutral trade is long Bybit / short Bitget at 36.4% net APR.

7
venues
5
paying positive
41.4%
funding spread
Best IREN spread now
36.4%
net APR after fees
Long BybitShort Bitget
size depends on live venue depth — see the real cap in the scanner

IREN funding rate by venue

11 pairs scanned
VenueFunding APRInterval
Bitget+41.4%8h
KuCoin+10.9%8h
Gate.io+10.9%8h
OKX+7.1%8h
Vest+5.0%1h
Bybit+0.0%8h
Aster+0.0%8h

Rates annualized; updated ~every few minutes from live venue data.

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IREN funding — FAQ

Is IREN funding positive right now?

IREN perpetual funding is positive on 5 of 7 venues Perpia tracks. The highest is +41.4% on Bitget; the lowest is +0.0% on Aster.

What is the best IREN funding arbitrage right now?

Go long Bybit and short Bitget for about 36.4% net APR after fees — the widest delta-neutral IREN spread Perpia currently sees.

Which exchange has the highest IREN funding rate?

Bitget, at +41.4% annualized. Funding shifts continuously, so check the live table above before trading.

How IREN funding arbitrage works

Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.