Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate+0.025%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1521.519% of the position
Funding, last 7 days−0.370%−$37 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.025%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.071% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IONQ_USDT | 40.200 | 0 | get 0.0000% / 8h | 6h 17m | $542K | $524K | 20x |
| Short | Phemex IONQUSDT | 40.210 | 0 | get 0.0000% / 8h | 6h 17m | $700K | $109K | 20x |
Gate IONQ_USDT
Phemex IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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
- $0
- Price spread: +0.025% → −0.047%
- $7.15
- Slippage, 4 orders
- −$124.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$144.72
- Costs to cover
- 1.519%
- Break-even
- never at this rate
Slippage from Gate: live order book, 31 min ago; Phemex: live order book, 32 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 Gate live order book, 31 min ago | 14.95 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 32 min ago | 3.74 bp | 36.3 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
IONQ on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX IONQ-USD | 0.0000% | 1h | 40.200 | 0.000% | $1.1M | $472K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.183 | −0.043% | $745K | $1.4M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.210 | +0.025% | $815K | $344K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.240 | +0.100% | $139K | $295K | 20x | as long as short |
| Gate IONQ_USDTlong | 0.0000% | 8h | 40.200 | long leg | $542K | $524K | 20x | |
| Bitget IONQUSDT | 0.0000% | 8h | 40.180 | −0.050% | $1.5M | $399K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.130 | −0.174% | $7K | $15K | 10x | as long as short |
| Phemex IONQUSDTshort | 0.0000% | 8h | 40.210 | +0.025% | $700K | $109K | 20x | |
| BloFin IONQ-USDT | +0.0030% | 8h | 40.220 | +0.050% | $50K | $8K | 20x | as long as short |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.280 | +0.199% | $37K | $3.0M | 20x | as long as short |
QFEX IONQ-USD
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Bitget IONQUSDT
HTX IONQ-USDT
BloFin IONQ-USDT
KuCoin IONQUSDTMShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0403% | 1h | 40.230 | +0.075% | $96K | $215K | 10x | as long as short |
| edgeX IONQUSDC | +0.0520% | 4h | 40.177 | −0.057% | $1K | $188K | 10x | as long as short |
Entropy io:IONQ
edgeX IONQUSDC