IONQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0258%/8h= +28.3% APRnext payment +$2.58 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bitget0.000%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1261.262% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.209%+$21 · spread now 0.000%, 7d avg −0.059%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.059% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.059%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget IONQUSDT	40.200	−0.0258	get 0.0258% / 8h	2h 33m	$1.5M	$408K	20x
Short	OKX IONQ-USDT-SWAP	40.200	0	get 0.0000% / 8h	2h 33m	$132K	$267K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $54.18
Price spread: 0.000% → −0.059%: $5.93
Slippage, 4 orders: −$104.24
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$66.14
Costs to cover: 1.262%
Break-even: 15.5 days

Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 11 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 Bitget live order book, 3 min ago	7.46 bp	23.1 bp −$23	49.6 bp −$496	doesn't fit	doesn't fit
Sell OKX live order book, 11 min ago	6.19 bp	65.3 bp −$65	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
Bitget IONQUSDTlong	−0.0258%	8h	40.200	long leg	$1.5M	$408K	20x
BloFin IONQ-USDT	−0.0018%	8h	40.190	−0.025%	$49K	$9K	20x	as long as short
Binance IONQUSDT	0.0000%	8h	40.185	−0.038%	$735K	$1.3M	20x	as long as short
Bybit IONQUSDT	0.0000%	8h	40.170	−0.075%	$676K	$250K	25x	as long as short
OKX IONQ-USDT-SWAPshort	0.0000%	8h	40.200	0.000%	$132K	$267K	20x
QFEX IONQ-USD	0.0000%	1h	40.130	−0.174%	$1.1M	$547K	10x	as long as short
Gate IONQ_USDT	0.0000%	8h	40.230	+0.075%	$501K	$474K	20x	as long as short
HTX IONQ-USDT	0.0000%	8h	40.190	−0.025%	$7K	$18K	10x	as long as short
Phemex IONQUSDT	0.0000%	8h	40.210	+0.025%	$693K	$101K	20x	as long as short
Entropy io:IONQ	+0.0050%	1h	40.135	−0.162%	$42K	$177K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IONQUSDTM	+0.0100%	8h	40.300	+0.249%	$39K	$2.9M	20x	as long as short
edgeX IONQUSDC	+0.0254%	4h	40.211	+0.027%	$1K	$187K	10x	as long as short