Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29.110 | 0 | 0.0000% / 8h | 4h 05m | $1.2M | $1.8M | 20x | Long Binance | |
| SHORT | 29.100 | 0 | 0.0000% / 8h | 4h 05m | $1.3M | $284K | 20x | Short MEXC |
Price gap−0.034%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30.0000% /8h now · paid +0.025% over the last 7D
Price+$5spread −0.034% now, avg −0.083% → +0.049% if it goes back
Costs−$620.616% of $10k · taker + slippage, in and out
Result−$54−0.54%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.034%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hIONQ on 15 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size15.5 / 10.1 bpAt $10k entering Binance costs 15.5 bp, fee and slippage, 1.5× MEXC’s.
- Note: Margin at max leverage$500 + $500Binance 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
- OK: Entry gap works for you−0.034% vs −0.083%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.2M vs $1.3M OIBoth legs are deep; Binance is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · MEXC YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0012%/8h × 21 periods+$2.54
Price spread−0.034% → −0.083% (7d avg)+$4.87
Slippage, 4 orderslive order books−$49.55
Fee Binance bp × 2 orders−$8.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$54.14
Costs to cover0.616%Break-even156.0 days
Slippage: Binance: live order book, 12 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.4215.5 bp−$16325.0 bp−$3,250doesn’t fitdoesn’t fit
SELL · SHORTMEXC5.1510.1 bp−$1015.4 bp−$154116.9 bp−$11.7Kdoesn’t fit
Closing costs about the same again.
IONQ news
posts that mention IONQ, from every exchange| 11-03 01:05 | edgeX | Listing | IONQUSDC no longer reported ($IONQ) seen by our collector |
| 11-02 03:49 | Backpack | Other | Earnings & macro to watch for Nov 2–6 ▸ Macro: US midterm elections, BoE decision, Oct jobs report ▸ Earnings: $AAPL $PLTR $AMD $SHOP $SMCI $ANET $UBER $APP $MCD $QCOM $ARM $CRCL $NET $IONQ $SOUN $ABNB $IREN $OKLO $XYZ $AFRM $DKNG Full market calendar → @Backpack on X ↗ |
| 10-21 15:39 | Variational Omni | Listing | IonQ $IONQ perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-21 02:21 | Variational Omni | Listing | new market IONQ ($IONQ) seen by our collector |
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