# IRYS Funding Rates

As of 2026-10-03 23:57 UTC, IRYS perpetual funding averages 0.0494% per 8 hours (54.09% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0257%). Highest: KuCoin at 0.0494% per 4h (108.19% APR). Lowest: WEEX at 0.0045% per 4h (9.88% APR). Going long on WEEX and short on KuCoin collects a gross spread of 0.0898% per 8 hours (98.31% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [KuCoin](https://arbtide.com/funding-rates/irys/kucoin) | [IRYS/USDT:USDT](https://www.kucoin.com/trade/futures/IRYSUSDTM) | 0.0494% | 4h | 108.19% | 2026-10-04 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/irys/okx) | [IRYS/USDT:USDT](https://www.okx.com/trade-swap/irys-usdt-swap) | 0.0283% | 4h | 61.93% | 2026-10-04 00:00 UTC |
| [BingX](https://arbtide.com/funding-rates/irys/bingx) | [IRYS/USDT:USDT](https://bingx.com/en/perpetual/IRYS-USDT) | 0.0276% | 4h | 60.44% | — |
| [XT.COM](https://arbtide.com/funding-rates/irys/xt) | [IRYS/USDT:USDT](https://www.xt.com/en/futures/trade/irys_usdt) | 0.0134% | 4h | 29.34% | 2026-10-04 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/irys/binance) | [IRYS/USDT:USDT](https://www.binance.com/en/futures/IRYSUSDT) | 0.0129% | 4h | 28.24% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/irys/lbank) | [IRYS/USDT:USDT](https://www.lbank.com/futures/irysusdt) | 0.0129% | 4h | 28.24% | 2026-10-04 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/irys/toobit) | [IRYS/USDT:USDT](https://www.toobit.com/en-US/futures/IRYS-SWAP-USDT) | 0.0129% | 4h | 28.24% | 2026-10-04 00:00 UTC |
| [Extended](https://arbtide.com/funding-rates/irys/extended) | [IRYS/USDC:USDC](https://app.extended.exchange/perp/IRYS-USD) | 0.0032% | 1h | 28.03% | 2026-10-04 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/irys/mexc) | [IRYS/USDT:USDT](https://www.mexc.com/futures/IRYS_USDT) | 0.0126% | 4h | 27.59% | 2026-10-04 00:00 UTC |
| [Aster](https://arbtide.com/funding-rates/irys/aster) | [IRYS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/IRYSUSDT) | 0.0125% | 4h | 27.44% | — |
| [Bitget](https://arbtide.com/funding-rates/irys/bitget) | [IRYS/USDT:USDT](https://www.bitget.com/futures/usdt/IRYSUSDT) | 0.0097% | 4h | 21.24% | — |
| [Bybit](https://arbtide.com/funding-rates/irys/bybit) | [IRYS/USDT:USDT](https://www.bybit.com/trade/usdt/IRYSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [Gate](https://arbtide.com/funding-rates/irys/gate) | [IRYS/USDT:USDT](https://www.gate.com/futures/USDT/IRYS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/irys/weex) | [IRYS/USDT:USDT](https://www.weex.com/futures/IRYS-USDT) | 0.0045% | 4h | 9.88% | 2026-10-03 23:57 UTC |

## Frequently asked questions

### Is the IRYS funding rate positive right now?

Yes. IRYS funding is positive on 14 of the 14 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest IRYS funding rate?

KuCoin at 0.0494% per 4h (108.19% APR). The lowest is WEEX at 0.0045% per 4h (9.88% APR).

### What is the IRYS funding arbitrage spread?

The gross spread is 0.0898% per 8 hours (98.31% APR): long IRYS on WEEX and short on KuCoin. Trading fees, slippage and price basis reduce the net return.

### How often is IRYS funding paid?

IRYS funding is paid every 4 hours on KuCoin, OKX, BingX, XT.COM, Binance, LBank, Toobit, MEXC, Aster, Bitget, Bybit, Gate, and WEEX; every hour on Extended. Rates on this page are also shown as APR so they can be compared directly.