Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.006%
Price spread now: OKX against edgeX+0.012%91s7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1461.464% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.012%, 7d avg +0.048%
=Together, before fees−0.209%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.037% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.048%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX IONQUSDC | 40.755 | 0.0036 | pay 0.0018% / 4h | 1h 30m | $1K | $187K | 10x |
| Short | OKX IONQ-USDT-SWAP | 40.760 | 0 | get 0.0000% / 8h | 5h 30m | $134K | $277K | 20x |
edgeX IONQUSDC
OKX IONQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against edgeX. 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
- −$7.49
- Price spread: +0.012% → +0.048%
- −$3.67
- Slippage, 4 orders
- −$127.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$157.6
- Costs to cover
- 1.464%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; OKX: live order book, 30 min ago.
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 edgeX live order book, 32 min ago | 6.14 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 3.68 bp | 56.1 bp −$56 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IONQUSDT | 0.0000% | 8h | 40.760 | +0.012% | $729K | $1.4M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.750 | −0.013% | $682K | $256K | 25x | as long as short |
| OKX IONQ-USDT-SWAPshort | 0.0000% | 8h | 40.760 | +0.012% | $134K | $277K | 20x | |
| QFEX IONQ-USD | 0.0000% | 1h | 40.740 | −0.037% | $1.1M | $544K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.760 | +0.012% | $508K | $494K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.770 | +0.036% | $1.5M | $396K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.710 | −0.111% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.760 | +0.012% | $701K | $109K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0025% | 8h | 40.760 | +0.012% | $49K | $6K | 20x | as long as short |
| edgeX IONQUSDClong | +0.0036% | 4h | 40.755 | long leg | $1K | $187K | 10x |
Binance IONQUSDT
Bybit IONQUSDT
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 IONQUSDTM | +0.0100% | 8h | 40.850 | +0.233% | $37K | $2.9M | 20x | as long as short |
| Entropy io:IONQ | +0.0306% | 1h | 40.717 | −0.094% | $47K | $174K | 10x | as long as short |
KuCoin IONQUSDTM
Entropy io:IONQ