Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.100%
Price spread now: KuCoin against Entropy+0.354%7-day average +0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.354%, 7d avg +0.055%
=The price spread pays, funding is against you. KuCoin is 0.299% dearer against Entropy than usual: you sell high and buy low (spread +0.354% now, against its 7-day average of +0.055%): +$30 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:IONQ | 40.108 | 0.0175 | pay 0.0022% / 1h | 49m 04s | $41K | $185K | 10x |
| Short | KuCoin IONQUSDTM | 40.250 | 0.0100 | get 0.0100% / 8h | 49m 04s | $37K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$15.71
- Price spread: +0.354% → +0.055%
- $29.94
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$15.77
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 6 min ago; KuCoin: live order book, 8 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 Entropy live order book, 6 min ago | 7.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 13.65 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 | −0.0471% | 4h | 40.128 | +0.049% | $1K | $188K | 10x | as long as short |
| Bitget IONQUSDT | −0.0319% | 8h | 40.150 | +0.105% | $1.5M | $408K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0013% | 8h | 40.160 | +0.130% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.144 | +0.090% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.140 | +0.080% | $676K | $254K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.100 | −0.020% | $131K | $266K | 20x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.160 | +0.130% | $486K | $506K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.150 | +0.105% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.140 | +0.080% | $693K | $102K | 20x | as long as short |
| QFEX IONQ-USD | +0.0017% | 1h | 40.110 | +0.005% | $1.1M | $513K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTMshort | +0.0100% | 8h | 40.250 | +0.354% | $37K | $2.9M | 20x | |
| Entropy io:IONQlong | +0.0175% | 1h | 40.108 | long leg | $41K | $185K | 10x |
KuCoin IONQUSDTM
edgeX IONQUSDC
Bitget IONQUSDT
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT