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

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: KuCoin against BloFin+0.319%95s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.319% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin IONQ-USDT40.780−0.0020get 0.0020% / 8h5h 01m$6K$6K20x
ShortKuCoin IONQUSDTM40.9100.0100get 0.0100% / 8h5h 01m$37K$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$25.25
Price spread: +0.319% → 0.000%
$31.88
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$33.13
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell KuCoin live order book, 5 min ago11.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX IONQUSDC−0.0850%4h40.815+0.085%$1K$187K10xas long as short
BloFin IONQ-USDTlong−0.0020%8h40.780long leg$6K$6K20x
Binance IONQUSDT0.0000%8h40.811+0.076%$733K$1.3M20xas long as short
Bybit IONQUSDT0.0000%8h40.830+0.123%$684K$250K25xas long as short
OKX IONQ-USDT-SWAP0.0000%8h40.800+0.049%$134K$272K20xas long as short
QFEX IONQ-USD0.0000%1h40.800+0.049%$1.1M$535K10xas long as short
Gate IONQ_USDT0.0000%8h40.820+0.098%$509K$495K20xas long as short
Bitget IONQUSDT0.0000%8h40.810+0.074%$1.5M$385K20xas long as short
HTX IONQ-USDT0.0000%8h40.870+0.221%$7K$18K10xas long as short
Phemex IONQUSDT0.0000%8h40.810+0.074%$702K$104K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin IONQUSDTMshort+0.0100%8h40.910+0.319%$37K$2.9M20x
Entropy io:IONQ+0.0281%1h40.798+0.044%$47K$174K10xas long as short