IREN Funding Rate History
IREN perpetual futures funding ranges from 0.00 bps on QFEX to 1.40 bps on VEST across 3 reporting venues, a spread of 1.40 bps. The most extreme rate (15.33% APY annualized) is on VEST. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on IREN price.
IREN Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| VEST | 1.40 bps | 15.33% APY | 1.40 bps | $129.65K |
| GATEIO | 1.00 bps | 10.95% APY | 0.90 bps | $40.65K |
| QFEX | 0.00 bps | 0.00% APY | 0.00 bps | $2.11M |
Last updated 2026-06-01T15:08:33.895828Z (UTC).
Loading IREN funding history...
Related: IREN open interest, IREN volume, IREN perp market data.