Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.1% APRnext payment −$0.11 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Binance−0.024%81s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IONQUSDT | 41.020 | 0 | get 0.0000% / 8h | 7h 51m | $742K | $1.4M | 20x |
| Short | BloFin IONQ-USDT | 41.010 | −0.0011 | pay 0.0011% / 8h | 7h 51m | $47K | $6K | 20x |
Binance IONQUSDT
BloFin IONQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.21
- Price spread: −0.024% → 0.000%
- −$2.44
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.64
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; BloFin: no order-book sample. Net counts fees only.
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 | 3.66 bp | 15.4 bp −$15 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | −0.0199% | 1h | 40.933 | −0.212% | $43K | $182K | 10x | as long as short |
| BloFin IONQ-USDTshort | −0.0011% | 8h | 41.010 | −0.024% | $47K | $6K | 20x | |
| Binance IONQUSDTlong | 0.0000% | 8h | 41.020 | long leg | $742K | $1.4M | 20x | |
| Bybit IONQUSDT | 0.0000% | 8h | 41.000 | −0.049% | $686K | $281K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 41.030 | +0.024% | $106K | $254K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.970 | −0.122% | $1.1M | $691K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 41.000 | −0.049% | $506K | $534K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.920 | −0.244% | $1.5M | $408K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 41.010 | −0.024% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 41.010 | −0.024% | $704K | $112K | 20x | as long as short |
Entropy io:IONQ
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 41.100 | +0.195% | $38K | $2.9M | 20x | as long as short |
| edgeX IONQUSDC | +0.0209% | 4h | 40.940 | −0.195% | $1K | $186K | 10x | as long as short |
KuCoin IONQUSDTM
edgeX IONQUSDC