Borrow IRYS: rates on every exchange

Name: Borrow IRYS: rates on every exchange
Creator: AfterFees
License: https://afterfees.xyz/methodology

Annualised margin borrow rates for IRYS at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-10-29 17:40 UTC

IRYS borrow rates by exchange

Exchange	Now	24 h avg	7-day avg	Rate counted	Per-account limit	Platform remaining	Status
Bitget	105.24%	127.26%	144.92%	127.26%	$149.2K	$31.9K	Borrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees.

Reverse carry on IRYS: borrow and sell spot, long the perp

No reverse IRYS carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

IRYS perps, most negative funding first

Exchange	Contract	Rate	Every	Annualised
Bybit	IRYSUSDT	-0.0527%	1 h	−461.3%
KuCoin	IRYSUSDTM	-0.0115%	1 h	−100.7%
Gate	IRYS_USDT	-0.0393%	4 h	−86.1%
Aster	IRYSUSDT	-0.0097%	1 h	−85.4%
Bitget	IRYSUSDT	-0.0177%	4 h	−38.8%
OKX	IRYS-USDT-SWAP	-0.0164%	4 h	−35.8%
MEXC	IRYS_USDT	-0.0156%	4 h	−34.2%
Binance	IRYSUSDT	-0.0156%	4 h	−34.1%

Coins


Funding rates and every arbitrage on this coin	IRYS

Questions

Where is it cheapest to borrow IRYS?

Bitget, at 127.26% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend IRYS.

Can I earn negative funding on IRYS by borrowing it?

Not right now: no reverse IRYS carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.