Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRpaid last 24h 0.000%
Price spread now: QFEX against Binance−0.075%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.075%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.089% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IONQUSDT | 40.160 | 0 | get 0.0000% / 8h | 17m 54s | $740K | $1.3M | 20x |
| Short | QFEX IONQ-USD | 40.130 | 0.0017 | get 0.0002% / 1h | 17m 54s | $1.1M | $505K | 10x |
Binance IONQUSDT
QFEX IONQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $3.49
- Price spread: −0.075% → −0.164%
- $8.93
- Slippage, 4 orders
- −$41.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$48.59
- Costs to cover
- 0.610%
- Break-even
- 104.3 days
Slippage from Binance: live order book, 15 min ago; QFEX: live order book, 8 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, 15 min ago | 3.73 bp | 17.9 bp −$18 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 2.49 bp | 15.0 bp −$15 | 26.3 bp −$263 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDC | −0.0889% | 4h | 40.162 | +0.005% | $1K | $188K | 10x | as long as short |
| Bitget IONQUSDT | −0.0248% | 8h | 40.190 | +0.075% | $1.5M | $408K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0003% | 8h | 40.200 | +0.100% | $50K | $9K | 20x | as long as short |
| Binance IONQUSDTlong | 0.0000% | 8h | 40.160 | long leg | $740K | $1.3M | 20x | |
| Bybit IONQUSDT | 0.0000% | 8h | 40.160 | 0.000% | $676K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.150 | −0.025% | $132K | $267K | 20x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.210 | +0.125% | $486K | $508K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.210 | +0.125% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.170 | +0.025% | $693K | $102K | 20x | as long as short |
| QFEX IONQ-USDshort | +0.0017% | 1h | 40.130 | −0.075% | $1.1M | $505K | 10x |
edgeX IONQUSDC
Bitget IONQUSDT
BloFin IONQ-USDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0050% | 1h | 40.131 | −0.072% | $41K | $179K | 10x | as long as short |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.260 | +0.249% | $37K | $2.9M | 20x | as long as short |
Entropy io:IONQ
KuCoin IONQUSDTM