Funding you earn now, next payment 07:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.136%
Price spread now: Entropy against BloFin−0.179%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Entropy is 0.179% cheaper against BloFin than usual: you would sell low and buy high (spread −0.179% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 2.7 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IONQ-USDT | 40.200 | 0.0016 | pay 0.0016% / 8h | 1h 01m | $49K | $9K | 20x |
| Short | Entropy io:IONQ | 40.128 | 0.0234 | get 0.0029% / 1h | 1m 05s | $41K | $185K | 10x |
BloFin IONQ-USDT
Entropy io:IONQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against BloFin. 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
- $45.77
- Price spread: −0.179% → 0.000%
- −$17.91
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$2.14
- Costs to cover
- 0.300%
- Break-even
- 7.3 days
Slippage unknown: BloFin: no order-book sample; Entropy: live order book, 64 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 64 min ago | 5.33 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 IONQUSDT | −0.0347% | 8h | 40.180 | −0.050% | $1.5M | $411K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.184 | −0.039% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.180 | −0.050% | $677K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.160 | −0.100% | $132K | $267K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.150 | −0.124% | $1.1M | $521K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.150 | −0.124% | $475K | $502K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.190 | −0.025% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.170 | −0.075% | $693K | $102K | 20x | as long as short |
| BloFin IONQ-USDTlong | +0.0016% | 8h | 40.200 | long leg | $49K | $9K | 20x | |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.300 | +0.249% | $38K | $2.9M | 20x | as long as short |
Bitget IONQUSDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT
KuCoin IONQUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQshort | +0.0234% | 1h | 40.128 | −0.179% | $41K | $185K | 10x | |
| edgeX IONQUSDC | +0.0322% | 4h | 40.180 | −0.050% | $1K | $188K | 10x | as long as short |
edgeX IONQUSDC