Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Binance+0.235%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 2 days (all we have)−0.300%−$30 · spread now +0.235%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.188% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IONQUSDT | 41.003 | 0 | get 0.0000% / 8h | 7h 52m | $742K | $1.4M | 20x |
| Short | KuCoin IONQUSDTM | 41.100 | 0.0100 | get 0.0100% / 8h | 7h 52m | $38K | $2.9M | 20x |
Binance IONQUSDT
KuCoin IONQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.235% → +0.047%
- $18.8
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $17.8
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: Binance: live order book, 10 min ago; KuCoin: live order book, 5 min ago. 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, 10 min ago | 3.66 bp | 15.4 bp −$15 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 15.82 bp | doesn't fit | 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 | −0.172% | $43K | $182K | 10x | as long as short |
| BloFin IONQ-USDT | −0.0011% | 8h | 41.010 | +0.016% | $47K | $6K | 20x | as long as short |
| Binance IONQUSDTlong | 0.0000% | 8h | 41.003 | long leg | $742K | $1.4M | 20x | |
| Bybit IONQUSDT | 0.0000% | 8h | 40.980 | −0.057% | $685K | $281K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 41.030 | +0.065% | $106K | $254K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.970 | −0.082% | $1.1M | $691K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 41.000 | −0.008% | $506K | $534K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.920 | −0.204% | $1.5M | $408K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.910 | −0.228% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.990 | −0.033% | $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 IONQUSDTMshort | +0.0100% | 8h | 41.100 | +0.235% | $38K | $2.9M | 20x | |
| edgeX IONQUSDC | +0.0209% | 4h | 40.940 | −0.155% | $1K | $186K | 10x | as long as short |
edgeX IONQUSDC