xyz:IRENus equity · growth mode on · 10× max
Over 43 days of 20-level order-book snapshots, xyz:IREN quoted a median spread of 5.77 bps in US regular hours with $133k resting within 25 bps of mid. A $25k market order paid about 9.45 bps in regular hours and 92.07 bps on weekends, when depth within 25 bps fell to $10k. Taker fee is 0.90 bps with growth mode on; funding averaged +14.33% annualised over the last 30 days.
by sessionNew York time · medians over 43 days
| session | snaps | spread | p90 | top | depth ±10 | depth ±25 | depth ±50 | $5k | $25k | $100k | $100k fills | $250k fills |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US regular 9:30–16:00 | 1,733 | 5.77 | 22.44 | $133k | 9.45 | 19.03 | 25% | 12% | ||||
| US extended 4–9:30, 16–20 | 2,514 | 5.17 | 23.12 | $54k | 13.55 | 37.11 | 16% | 6% | ||||
| Overnight 20–4 | 1,741 | 5.02 | 21.93 | $64k | 11.16 | 33.08 | 17% | 3% | ||||
| Weekend / holiday | 3,056 | 6.01 | 20.37 | $10k | 92.07 | 39.66 | 2% | 0% |
bps unless stated · RTH 9:30–16:00 · extended 4:00–9:30 and 16:00–20:00 · overnight 20:00–4:00 on weekdays · weekend runs Friday 20:00 to Monday 4:00 and includes NYSE holidays · slip = mean of the buy and sell side of a market order walking the visible 20 levels · fills = share of snapshots the size fits inside those levels · "—" = not fillable in the median snapshot
slippage curve
hour of week
weekly · spread
weekly · depth ±25 bps
per round trip = 2 × median slippage + 2 × taker fee · funding uses the 30-day mean hourly rate, annualised, charged for a position held all day · slippage between tested sizes is interpolated on a log scale · ignores maker rebates, impact that persists after your fill, and fee tiers
history4 market changes to xyz:IREN observed in the changelog · newest first
- 2026-08-18 14:46listedannounced → tradingtrading enabled, announced 2026-08-14 · OI cap $25M · 10× max · growth mode on · marginTableId 10 · szDecimals 1 · fundingMultiplier 0.5
- 2026-08-17 15:46growth modedisabled → enabledgrowthMode observed changing from disabled to enabled
- 2026-08-17 13:46OI cap— → $25.0MoiCap observed changing from unknown to $25M
- 2026-08-14 14:56announced— → announcedmarket announced, trading not enabled
Plus 1 funding-parameter change on 1 day, not listed here: show them in the changelog.
observed = first collector snapshot showing the new value, UTC; the change happened between the previous snapshot and that one · announced = the market appeared with trading disabled; listed = trading enabled; trading halt = off and back within 48 h, before → after = mark either side · full changelog · atom feed
9,044 snapshots · 2026-08-18 14:49 → 2026-09-30 18:16 UTC (43.1 days) · size decimals 1 · raw: /api/xyz/IREN.json · method and caveats: methodology