IREN funding rates
IREN funding is +0.0655% per 8h on KuCoin right now, +71.7% annualized; 10 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 KuCoin | 26.5400 | 26.5300 | +0.0377% | +0.0655% | +71.7% | 8h | 03:59 PM UTC |
 Binance | 26.5594 | 26.5308 | +0.1075% | +0.0319% | +34.9% | 8h | 03:59 PM UTC |
 LBank | 26.5600 | 26.5300 | +0.1131% | +0.0317% | +34.7% | 8h | 03:59 PM UTC |
 MEXC | 26.5600 | 26.5400 | +0.0754% | +0.0317% | +34.7% | 8h | 03:59 PM UTC |
 BingX | 26.5900 | 26.5800 | +0.0376% | +0.0303% | +33.2% | 8h | 03:59 PM UTC |
 Bitget | 26.5660 | 26.5381 | +0.1052% | +0.0247% | +27.0% | 8h | 03:59 PM UTC |
 Bybit | 26.5800 | 26.5500 | +0.1130% | +0.0097% | +10.7% | 8h | 03:59 PM UTC |
 Gate | 26.5600 | 26.5520 | +0.0301% | +0.0060% | +6.6% | 8h | 03:59 PM UTC |
 Aster | 26.5628 | 26.5310 | +0.1198% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
 OKX | 26.5600 | 26.5400 | +0.0754% | 0.0000% | 0.0% | 8h | 03:59 PM UTC |
Top pairings for IREN
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| LBank perp 26.5600 | Binance perp 26.5595 | perp-perp | +0.001% | Open in scanner |
| LBank perp 26.5600 | BingX perp 26.5900 | perp-perp | -0.004% | Open in scanner |
| LBank perp 26.5600 | Bybit perp 26.5800 | perp-perp | -0.066% | Open in scanner |
| LBank perp 26.5600 | Gate perp 26.5600 | perp-perp | -0.077% | Open in scanner |
| LBank perp 26.5600 | MEXC perp 26.5600 | perp-perp | 0.000% | Open in scanner |
82 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where IREN trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.