Funding you earn now, next payment 05:00 UTC−0.0274%/8h= −29.9% APRpaid last 24h −0.135%
Price spread now: BloFin against Entropy+0.231%90s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. BloFin is 0.231% dearer against Entropy than usual: you sell high and buy low (spread +0.231% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 90 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 | Entropy io:IONQ | 40.606 | 0.0287 | pay 0.0036% / 1h | 47m 39s | $45K | $171K | 10x |
| Short | BloFin IONQ-USDT | 40.700 | 0.0014 | get 0.0014% / 8h | 3h 47m | $49K | $6K | 20x |
Entropy io:IONQ
BloFin IONQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Entropy. 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
- −$57.44
- Price spread: +0.231% → 0.000%
- $23.15
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.29
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 37 min ago; BloFin: no order-book sample. 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 Entropy live order book, 37 min ago | 8.95 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDC | −0.0045% | 4h | 40.725 | +0.293% | $1K | $187K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.610 | +0.010% | $731K | $1.2M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.600 | −0.015% | $680K | $248K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.580 | −0.064% | $133K | $269K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.580 | −0.064% | $1.1M | $504K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.620 | +0.034% | $506K | $476K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.700 | +0.231% | $1.5M | $381K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.580 | −0.064% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.610 | +0.010% | $699K | $100K | 20x | as long as short |
| BloFin IONQ-USDTshort | +0.0014% | 8h | 40.700 | +0.231% | $49K | $6K | 20x |
edgeX IONQUSDC
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.720 | +0.281% | $39K | $2.9M | 20x | as long as short |
| Entropy io:IONQlong | +0.0287% | 1h | 40.606 | long leg | $45K | $171K | 10x |
KuCoin IONQUSDTM