Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

IONQ

RWAAll IONQ markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateIONQ_USDT
36.34000.0000% / 8h6h 23m$1.2M$930K20xLong Gate
SHORT
MEXCIONQSTOCK_USDT
36.280+0.0749get 0.0749% / 8h6h 23m$1.7M$338K20xShort MEXC
Price gap−0.165%
Funding gap+0.0749% /8h

Funding pays +$22 a day on $10k, but the gap is 0.151% under its 7d average: −$15 if it goes back, about 16 hours of funding. At the last 7 days' pace that is about 2.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$43+0.0749% /8h now · paid +0.425% over the last 7D
Price−$15spread −0.165% now, avg −0.014% → −0.151% if it goes back
Costs−$1261.255% of $10k · taker + slippage, in and out
Result−$98−0.98%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.425% in total, about +0.0202%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.165%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IONQ on 15 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size56.7 / 10.4 bp
    At $10k entering Gate costs 56.7 bp, fee and slippage, 5.5× MEXC’s.
  • Note: Margin at max leverage$500 + $500
    Gate 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$22.47Long Gate: 3 payments, $0.00; short MEXC: 3 payments, +$22.47.
  • Watch: Gap narrower than usual−0.165% vs −0.014%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Long leg is thinner$1.2M vs $1.7M OI
    Both legs are deep; Gate is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · MEXC Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0202%/8h × 21 periods+$42.52
Price spread−0.165% → −0.014% (7d avg)−$15.11
Slippage, 4 orderslive order books−$106.53
Fee Gate bp × 2 orders−$15.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$98.12
Costs to cover1.255%Break-even23.2 days
Slippage: Gate: live order book, 3 min ago; MEXC: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate10.9956.7 bp−$57doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC8.2610.4 bp−$1021.6 bp−$216156.6 bp−$15.7Kdoesn’t fit

Closing costs about the same again.

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