Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 25.650 | +0.0050 | pay 0.0050% / 8h | 7h 46m | $912K | $1.2M | — | Long BingX | |
| SHORT | 25.663 | 0 | 0.0000% / 8h | 7h 46m | $898K | $2.2M | 20x | Short Binance |
Price gap+0.051%
Funding gap−0.0050% /8h
The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 4.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$14−0.0050% /8h now · paid −0.136% over the last 7D
Price+$6spread +0.051% now, avg −0.009% → +0.060% if it goes back
Costs−$1041.044% of $10k · taker + slippage, in and out
Result−$112−1.12%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+0.051%
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 · 3 to watch- Watch: Thin at this size16.4 / 34.3 bpAt $10k entering Binance costs 34.3 bp, fee and slippage, 2.1× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Binance 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: −$1.50Long BingX: 3 payments, −$1.50; short Binance: 3 payments, $0.00.
- OK: Entry gap works for you+0.051% vs −0.009%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$898K vs $912K OIBinance sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Binance YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0065%/8h × 21 periods−$13.60
Price spread+0.051% → −0.009% (7d avg)+$5.98
Slippage, 4 orderslive order books−$86.38
Fee BingX bp × 2 orders−$10.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$112.01
Costs to cover1.044%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; Binance: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX5.9716.4 bp−$1652.2 bp−$5221025.1 bp−$102.5K1296.3 bp−$648.1K
SELL · SHORTBinance3.9934.3 bp−$34161.2 bp−$1,612doesn’t fitdoesn’t fit
Closing costs about the same again.
IONQ news
posts that mention IONQ, from every exchange| 11-03 01:05 | edgeX | Listing | IONQUSDC no longer reported ($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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