Funding you earn now, next payment 04:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h +0.102%
Price spread now: edgeX against Binance−0.195%100s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1241.238% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 2 days (all we have)+0.121%+$12 · spread now −0.195%, 7d avg −0.004%
=Together, before fees+0.330%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.191% cheaper against Binance than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.004%). If the spread goes back, that is −$19 on $10k: about 3.1 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.209% in total) that is about 6.4 days. The two prices were read 100 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 | edgeX IONQUSDC | 40.940 | 0.0209 | get 0.0104% / 4h | 3h 51m | $1K | $186K | 10x |
Binance IONQUSDT
edgeX IONQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $43.84
- Price spread: −0.195% → −0.004%
- −$19.12
- Slippage, 4 orders
- −$104.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$99.08
- Costs to cover
- 1.238%
- Break-even
- 22.8 days
Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 20 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 | 3.66 bp | 15.4 bp −$15 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 20 min ago | 8.56 bp | 49.3 bp −$49 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | −0.0199% | 1h | 40.933 | −0.212% | $43K | $182K | 10x | as long as short |
| BloFin IONQ-USDT | −0.0011% | 8h | 41.010 | −0.024% | $47K | $6K | 20x | as long as short |
| 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
BloFin IONQ-USDT
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 IONQUSDCshort | +0.0209% | 4h | 40.940 | −0.195% | $1K | $186K | 10x |
KuCoin IONQUSDTM