Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.031%
Price spread now: Binance against KuCoin−0.274%7-day average +0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 7 days+0.292%+$29 · spread now −0.274%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.313% cheaper against KuCoin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IONQUSDTM | 40.210 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $36K | $2.9M | 20x |
| Short | Binance IONQUSDT | 40.100 | 0 | get 0.0000% / 8h | 1h 23m | $739K | $1.3M | 20x |
KuCoin IONQUSDTM
Binance IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: −0.274% → +0.039%
- −$31.27
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.27
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Binance: live order book, 9 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 KuCoin live order book, 3 min ago | 14.94 bp | 240.1 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.74 bp | 17.0 bp −$17 | 64.6 bp −$646 | 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 | −0.0849% | 4h | 40.087 | −0.305% | $1K | $187K | 10x | as long as short |
| Bitget IONQUSDT | −0.0401% | 8h | 40.140 | −0.174% | $1.5M | $413K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0029% | 8h | 40.060 | −0.373% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDTshort | 0.0000% | 8h | 40.100 | −0.274% | $739K | $1.3M | 20x | |
| Bybit IONQUSDT | 0.0000% | 8h | 40.100 | −0.274% | $676K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.120 | −0.224% | $132K | $267K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.090 | −0.298% | $1.1M | $515K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.120 | −0.224% | $474K | $501K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.120 | −0.224% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.090 | −0.298% | $692K | $102K | 20x | as long as short |
edgeX IONQUSDC
Bitget IONQUSDT
BloFin IONQ-USDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTMlong | +0.0100% | 8h | 40.210 | long leg | $36K | $2.9M | 20x | |
| Entropy io:IONQ | +0.0618% | 1h | 40.081 | −0.321% | $42K | $183K | 10x | as long as short |
Entropy io:IONQ