Settings8H · net · $10k
Funding arb · Price arb /

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.099%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$850.852% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.108%+$11 · spread now −0.099%, 7d avg −0.214%
Together, before fees+0.108%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.115% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.214%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IONQUSDT40.4800get 0.0000% / 8h2h 10m$1.5M$437K20x
ShortQFEX IONQ-USD40.4400get 0.0000% / 1h10m 11s$1.2M$669K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$0
Price spread: −0.099% → −0.214%
$11.48
Slippage, 4 orders
−$63.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$73.74
Costs to cover
0.852%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; QFEX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 6 min ago11.11 bp32.7 bp −$3347.7 bp −$477doesn't fitdoesn't fit
Sell QFEX live order book, 1 min ago2.47 bp12.4 bp −$1219.0 bp −$190doesn't fitdoesn't fit

IONQ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX IONQUSDC−0.0472%4h40.466−0.035%$1K$187K10xas long as short
BloFin IONQ-USDT−0.0022%8h40.450−0.074%$48K$6K20xas long as short
Binance IONQUSDT0.0000%8h40.4800.000%$734K$1.4M20xas long as short
Bybit IONQUSDT0.0000%8h40.470−0.025%$681K$293K25xas long as short
OKX IONQ-USDT-SWAP0.0000%8h40.410−0.173%$104K$269K20xas long as short
QFEX IONQ-USDshort0.0000%1h40.440−0.099%$1.2M$669K10x
Gate IONQ_USDT0.0000%8h40.470−0.025%$499K$583K20xas long as short
Bitget IONQUSDTlong0.0000%8h40.480long leg$1.5M$437K20x
HTX IONQ-USDT0.0000%8h40.570+0.222%$7K$20K10xas long as short
Phemex IONQUSDT0.0000%8h40.500+0.049%$694K$112K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IONQUSDTM+0.0100%8h40.590+0.272%$34K$2.9M20xas long as short
Entropy io:IONQ+0.0858%1h40.464−0.040%$47K$190K10xas long as short