Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRnext payment +$1.12 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit+0.147%7-day average +0.038% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.147%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.108% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IONQUSDT | 40.880 | 0 | get 0.0000% / 8h | 15m 20s | $687K | $286K | 25x |
| Short | KuCoin IONQUSDTM | 40.940 | 0.0112 | get 0.0112% / 8h | 15m 20s | $34K | $2.9M | 20x |
Bybit IONQUSDT
KuCoin IONQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $23.52
- Price spread: +0.147% → +0.038%
- $10.83
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $11.35
- Costs to cover
- 0.230%
- Break-even
- 3.6 days
Slippage unknown: Bybit: live order book, 55 min ago; KuCoin: live order book, 2 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 Bybit live order book, 55 min ago | 4.93 bp | 33.8 bp −$34 | 1020.5 bp −$10.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.99 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDC | −0.0480% | 4h | 40.859 | −0.051% | $1K | $187K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.877 | −0.007% | $739K | $1.4M | 20x | as long as short |
| Bybit IONQUSDTlong | 0.0000% | 8h | 40.880 | long leg | $687K | $286K | 25x | |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.840 | −0.098% | $105K | $271K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.860 | −0.049% | $1.1M | $699K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.860 | −0.049% | $504K | $567K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.880 | 0.000% | $1.5M | $423K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.830 | −0.122% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.860 | −0.049% | $701K | $112K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0003% | 8h | 40.870 | −0.024% | $48K | $6K | 20x | as long as short |
edgeX IONQUSDC
Binance IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDT
BloFin IONQ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTMshort | +0.0112% | 8h | 40.940 | +0.147% | $34K | $2.9M | 20x | |
| Entropy io:IONQ | +0.0163% | 1h | 40.828 | −0.127% | $45K | $180K | 10x | as long as short |
Entropy io:IONQ