IONQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0359%/8h= −39.3% APRnext payment −$3.59 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance+0.014%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$780.783% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days+0.066%+$7 · spread now +0.014%, 7d avg +0.054%

Together, before fees+0.098%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.039% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.054%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IONQUSDT	40.184	0	get 0.0000% / 8h	1h 06m	$739K	$1.3M	20x
Short	Bitget IONQUSDT	40.190	−0.0359	pay 0.0359% / 8h	1h 06m	$1.5M	$411K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$75.39
Price spread: +0.014% → +0.054%: −$3.92
Slippage, 4 orders: −$56.33
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$157.63
Costs to cover: 0.783%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 11 min ago	2.49 bp	22.3 bp −$22	85.0 bp −$850	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	8.71 bp	15.1 bp −$15	79.6 bp −$796	doesn't fit	doesn't fit

IONQ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget IONQUSDTshort	−0.0359%	8h	40.190	+0.014%	$1.5M	$411K	20x
edgeX IONQUSDC	−0.0339%	4h	40.180	−0.011%	$1K	$188K	10x	as long as short
BloFin IONQ-USDT	−0.0023%	8h	40.200	+0.039%	$49K	$9K	20x	as long as short
Binance IONQUSDTlong	0.0000%	8h	40.184	long leg	$739K	$1.3M	20x
Bybit IONQUSDT	0.0000%	8h	40.160	−0.060%	$677K	$255K	25x	as long as short
OKX IONQ-USDT-SWAP	0.0000%	8h	40.160	−0.060%	$132K	$267K	20x	as long as short
QFEX IONQ-USD	0.0000%	1h	40.150	−0.085%	$1.1M	$510K	10x	as long as short
Gate IONQ_USDT	0.0000%	8h	40.180	−0.011%	$475K	$502K	20x	as long as short
HTX IONQ-USDT	0.0000%	8h	40.320	+0.338%	$7K	$17K	10x	as long as short
Phemex IONQUSDT	0.0000%	8h	40.180	−0.011%	$693K	$102K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IONQUSDTM	+0.0100%	8h	40.290	+0.263%	$38K	$2.9M	20x	as long as short
Entropy io:IONQ	+0.0280%	1h	40.125	−0.147%	$41K	$184K	10x	as long as short