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

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0648%/8h= +71.0% APRpaid last 24h −0.102%
Price spread now: Bitget against edgeX−0.008%7-day average +0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.008%, 7d avg +0.126%
Together, before fees−0.206%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.133% cheaper against edgeX than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.126%). If the spread goes back, that is −$13 on $10k: about 16 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX IONQUSDC40.893−0.0648get 0.0324% / 4h3h 37m$1K$186K10x
ShortBitget IONQUSDT40.8900get 0.0000% / 8h7h 37m$1.5M$409K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$136.09
Price spread: −0.008% → +0.126%
−$13.34
Slippage, 4 orders
−$110.08
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$8.34
Costs to cover
1.311%
Break-even
7.4 days
Slippage from edgeX: live order book, 34 min ago; Bitget: live order book, 4 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 edgeX live order book, 34 min ago8.56 bp42.7 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago10.99 bp19.2 bp −$1953.3 bp −$533doesn'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 IONQUSDClong−0.0648%4h40.893long leg$1K$186K10x
BloFin IONQ-USDT−0.0010%8h40.910+0.041%$48K$6K20xas long as short
Binance IONQUSDT0.0000%8h40.892−0.004%$741K$1.4M20xas long as short
Bybit IONQUSDT0.0000%8h40.880−0.032%$683K$274K25xas long as short
OKX IONQ-USDT-SWAP0.0000%8h40.870−0.057%$105K$245K20xas long as short
QFEX IONQ-USD0.0000%1h40.860−0.081%$1.1M$668K10xas long as short
Gate IONQ_USDT0.0000%8h40.880−0.032%$504K$535K20xas long as short
Bitget IONQUSDTshort0.0000%8h40.890−0.008%$1.5M$409K20x
HTX IONQ-USDT0.0000%8h40.840−0.130%$7K$19K10xas long as short
Phemex IONQUSDT0.0000%8h40.860−0.081%$702K$111K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:IONQ+0.0050%1h40.880−0.032%$43K$179K10xas long as short
KuCoin IONQUSDTM+0.0100%8h41.030+0.335%$38K$2.9M20xas long as short