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IREN perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

IREN is quoted on 5 contracts. The highest funding rate is on Gate at +40.08% annualised, quoted per 8h, and the lowest is on OKX at 0.00% — a gap of 40.08 points. Every contract here quotes its rate per 8h.

Highest rate now
+40.08%
Gate · 8h
Lowest rate now
0.00%
OKX · 8h
Spread
40.08
points
Highest 30d realised APR
+11.33%
Bybit

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
GateCentralisedIREN_USDT +0.0366%8h +40.08% +7.43%
Annualised · +7.43% · range -56.9% … +137.0% · 90 settlements
25x 3.3M
AsterOn-chainIRENUSDT 0.0000%8h 0.00% —
no history yet
20x 25.1K
BitgetCentralisedIRENUSDT 0.0000%8h 0.00% +3.01%
Annualised · +3.01% · range -74.7% … +118.9% · 90 settlements
20x 3.4M
BybitCentralisedIRENUSDT 0.0000%8h 0.00% +11.33%
Annualised · +11.33% · range -29.1% … +228.3% · 90 settlements
25x 1.8M
OKXCentralisedIREN-USDT-SWAP 0.0000%8h 0.00% +9.74%
Annualised · +9.74% · range 0.0% … +171.2% · 90 settlements
25x 2.0M

Common questions

Which exchanges list IREN perpetual futures?

IREN trades as 5 perpetual contracts across 5 venues: Aster, Bitget, Bybit, Gate and OKX. The busiest is Bitget, with $3.4M of 24h turnover — 32% of the total.

Where is IREN funding cheapest right now?

For a long, the most favourable collected rate is 0.00% annualised on OKX; for a short, it is +40.08% on Gate — a gap of 40.08 points.

How much funding does a 10,000 USDT IREN position pay per day?

At current rates a 10,000 USDT long pays about +10.98 USDT a day on Gate and 0.00 USDT on OKX. Over the past 30 days Gate actually settled an average of +2.03 USDT a day on the same position.

How often does IREN funding settle?

Every venue collected here settles IREN funding every 8h, 3 times a day.

What has IREN funding actually paid over the past 30 days?

The highest realised figure was on Bybit: +11.33% annualised across 90 settlements, 3% of them negative. The lowest was Bitget, at +3.01%. 4 of the 5 contracts have at least a week of settled history to measure.

What is the highest leverage available on IREN?

The highest collected cap is 25x, on Bybit, Gate and OKX. On Bybit it applies up to 50K USDT of notional; above that the cap drops to 24x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

IREN comparison scope and payment direction

This page retains low-turnover IREN contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Gate · IREN_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.0000% 25.00x —
2 5000 – 10000 quote 2.5000% 20.00x 25
3 10000 – 20000 quote 3.0000% 18.00x 75
4 20000 – 50000 quote 4.0000% 15.00x 275
5 50000 – 100000 quote 4.5000% 12.00x 525
6 100000 – 150000 quote 5.0000% 10.00x 1025
7 150000 – 200000 quote 6.0000% 8.00x 2525
8 200000 – 500000 quote 8.0000% 6.60x 6525
9 500000 – 700000 quote 10.0000% 5.00x 16525
10 700000 – 1000000 quote 15.0000% 4.00x 51525
11 1000000 – 1500000 quote 25.0000% 3.00x 151525
12 1500000 – 2000000 quote 35.0000% 2.00x 301525
13 2000000 – 3000000 quote 50.0000% 1.50x 601525
14 3000000 – 4000000 quote 60.0000% 1.33x 901525
15 4000000 – 5000000 quote 70.0000% 1.20x 1301525
16 5000000 – ∞ quote 80.0000% 1.05x 1801525

Aster · IRENUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000000 quote 2.5000% 20.00x —
2 1000000 – 2000000 quote 5.0000% 10.00x 25000
3 2000000 – 5000000 quote 10.0000% 5.00x 125000
4 5000000 – 10000000 quote 12.5000% 4.00x 250000
5 10000000 – 20000000 quote 16.6700% 3.00x 667000
6 20000000 – 40000000 quote 25.0000% 2.00x 2333000
7 40000000 – 1000000000 quote 50.0000% 1.00x 12333000

Bitget · IRENUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 10.0000% 5.00x —
5 5000000 – 10000000 quote 12.5000% 4.00x —
6 10000000 – 25000000 quote 30.0000% 2.00x —
7 25000000 – ∞ quote 60.0000% 1.00x —

Bybit · IRENUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 50000 quote 2.0000% 25.00x —
2 50000 – 60000 quote 2.0800% 24.00x 40
3 60000 – 75000 quote 2.1700% 23.00x 94
4 75000 – 97500 quote 2.2700% 22.00x 169
5 97500 – 105000 quote 2.3800% 21.00x 276.25
6 105000 – 112500 quote 2.5000% 20.00x 402.25
7 112500 – 150000 quote 2.6300% 19.00x 548.5
8 150000 – 225000 quote 2.7800% 18.00x 773.5
9 225000 – 300000 quote 2.9400% 17.00x 1133.5
10 300000 – 375000 quote 3.1300% 16.00x 1703.5
11 375000 – 450000 quote 3.3300% 15.00x 2453.5
12 450000 – 675000 quote 3.5700% 14.00x 3533.5
13 675000 – 900000 quote 3.8500% 13.00x 5423.5
14 900000 – 1200000 quote 4.1700% 12.00x 8303.5
15 1200000 – 1500000 quote 4.5500% 11.00x 12863.5
16 1500000 – 2500000 quote 5.0000% 10.00x 19613.5
17 2500000 – 3000000 quote 5.5600% 9.00x 33613.5
18 3000000 – 3500000 quote 6.2500% 8.00x 54313.5
19 3500000 – 4000000 quote 7.1400% 7.00x 85463.5
20 4000000 – 4500000 quote 8.3300% 6.00x 133063.5
21 4500000 – 5000000 quote 10.0000% 5.00x 208213.5
22 5000000 – 8750000 quote 11.1100% 4.50x 263713.5
23 8750000 – 12500000 quote 12.5000% 4.00x 385338.5
24 12500000 – 15625000 quote 14.2900% 3.50x 609088.5
25 15625000 – 18750000 quote 16.6700% 3.00x 980963.5
26 18750000 – 25000000 quote 20.0000% 2.50x 1605338.5
27 25000000 – 37500000 quote 25.0000% 2.00x 2855338.5
28 37500000 – 50000000 quote 28.5700% 1.75x 4194088.5
29 50000000 – 65000000 quote 33.3300% 1.50x 6574088.5
30 65000000 – ∞ quote 50.0000% 1.00x 17409588.5

OKX · IREN-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 200 base 2.0000% 25.00x —
2 200.1 – 400 base 3.0000% 20.00x —
3 400.1 – 600 base 4.0000% 12.50x —
4 600.1 – 800 base 4.5000% 11.76x —
5 800.1 – 1000 base 5.0000% 11.11x —
6 1000.1 – 1200 base 5.5000% 10.53x —
7 1200.1 – 1400 base 6.0000% 10.00x —
8 1400.1 – 1600 base 6.5000% 9.52x —
9 1600.1 – 1800 base 7.0000% 9.09x —
10 1800.1 – 2000 base 7.5000% 8.70x —
11 2000.1 – 2200 base 8.0000% 8.33x —
12 2200.1 – 2400 base 8.5000% 8.00x —
13 2400.1 – 2600 base 9.0000% 7.69x —
14 2600.1 – 2800 base 9.5000% 7.41x —
15 2800.1 – 3000 base 10.0000% 7.14x —
16 3000.1 – 3200 base 10.5000% 6.90x —
17 3200.1 – 3400 base 11.0000% 6.67x —
18 3400.1 – 3600 base 11.5000% 6.45x —
19 3600.1 – 3800 base 12.0000% 6.25x —
20 3800.1 – 4000 base 12.5000% 6.06x —
21 4000.1 – 4200 base 13.0000% 5.88x —
22 4200.1 – 4400 base 13.5000% 5.71x —
23 4400.1 – 4600 base 14.0000% 5.56x —
24 4600.1 – 4800 base 14.5000% 5.41x —
25 4800.1 – 5000 base 15.0000% 5.26x —
26 5000.1 – 5200 base 15.5000% 5.13x —
27 5200.1 – 5400 base 16.0000% 5.00x —
28 5400.1 – 5600 base 16.5000% 4.88x —
29 5600.1 – 5800 base 17.0000% 4.76x —
30 5800.1 – 6000 base 17.5000% 4.65x —
31 6000.1 – 6200 base 18.0000% 4.55x —
32 6200.1 – 6400 base 18.5000% 4.44x —
33 6400.1 – 6600 base 19.0000% 4.35x —
34 6600.1 – 6800 base 19.5000% 4.26x —
35 6800.1 – 7000 base 20.0000% 4.17x —
36 7000.1 – 7200 base 20.5000% 4.08x —
37 7200.1 – 7400 base 21.0000% 4.00x —
38 7400.1 – 7600 base 21.5000% 3.92x —
39 7600.1 – 7800 base 22.0000% 3.85x —
40 7800.1 – 8000 base 22.5000% 3.77x —
41 8000.1 – 8200 base 23.0000% 3.70x —
42 8200.1 – 8400 base 23.5000% 3.64x —
43 8400.1 – 8600 base 24.0000% 3.57x —
44 8600.1 – 8800 base 24.5000% 3.51x —
45 8800.1 – 9000 base 25.0000% 3.45x —
46 9000.1 – 9200 base 25.5000% 3.39x —
47 9200.1 – 9400 base 26.0000% 3.33x —
48 9400.1 – 9600 base 26.5000% 3.28x —
49 9600.1 – 9800 base 27.0000% 3.23x —
50 9800.1 – 10000 base 27.5000% 3.17x —
51 10000.1 – 10200 base 28.0000% 3.13x —
52 10200.1 – 10400 base 28.5000% 3.08x —
53 10400.1 – 10600 base 29.0000% 3.03x —
54 10600.1 – 10800 base 29.5000% 2.99x —
55 10800.1 – 11000 base 30.0000% 2.94x —
56 11000.1 – 11200 base 30.5000% 2.90x —
57 11200.1 – 11400 base 31.0000% 2.86x —
58 11400.1 – 11600 base 31.5000% 2.82x —
59 11600.1 – 11800 base 32.0000% 2.78x —
60 11800.1 – 12000 base 32.5000% 2.74x —
61 12000.1 – 12200 base 33.0000% 2.70x —
62 12200.1 – 12400 base 33.5000% 2.67x —
63 12400.1 – 12600 base 34.0000% 2.63x —
64 12600.1 – 12800 base 34.5000% 2.60x —
65 12800.1 – 13000 base 35.0000% 2.56x —
66 13000.1 – 13200 base 35.5000% 2.53x —
67 13200.1 – 13400 base 36.0000% 2.50x —
68 13400.1 – 13600 base 36.5000% 2.47x —
69 13600.1 – 13800 base 37.0000% 2.44x —
70 13800.1 – 14000 base 37.5000% 2.41x —
71 14000.1 – 14200 base 38.0000% 2.38x —
72 14200.1 – 14400 base 38.5000% 2.35x —
73 14400.1 – 14600 base 39.0000% 2.33x —
74 14600.1 – 14800 base 39.5000% 2.30x —
75 14800.1 – 15000 base 40.0000% 2.27x —
76 15000.1 – 15200 base 40.5000% 2.25x —
77 15200.1 – 15400 base 41.0000% 2.22x —
78 15400.1 – 15600 base 41.5000% 2.20x —
79 15600.1 – 15800 base 42.0000% 2.17x —
80 15800.1 – 16000 base 42.5000% 2.15x —
81 16000.1 – 16200 base 43.0000% 2.13x —
82 16200.1 – 16400 base 43.5000% 2.11x —
83 16400.1 – 16600 base 44.0000% 2.08x —
84 16600.1 – 16800 base 44.5000% 2.06x —
85 16800.1 – 17000 base 45.0000% 2.04x —
86 17000.1 – 17200 base 45.5000% 2.02x —
87 17200.1 – 17400 base 46.0000% 2.00x —
88 17400.1 – 17600 base 46.5000% 1.98x —
89 17600.1 – 17800 base 47.0000% 1.96x —
90 17800.1 – 18000 base 47.5000% 1.94x —
91 18000.1 – 18200 base 48.0000% 1.92x —
92 18200.1 – 18400 base 48.5000% 1.90x —
93 18400.1 – 18600 base 49.0000% 1.89x —