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: Bybit against KuCoin−0.323%7-day average −0.063% · 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 4 days (all we have)+0.363%+$36 · spread now −0.323%, 7d avg −0.063%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.260% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IONQUSDTM | 40.230 | 0.0100 | pay 0.0100% / 8h | 50m 40s | $37K | $2.9M | 20x |
| Short | Bybit IONQUSDT | 40.100 | 0 | get 0.0000% / 8h | 50m 40s | $676K | $254K | 25x |
KuCoin IONQUSDTM
Bybit IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.323% → −0.063%
- −$26.05
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.05
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 6 min ago; Bybit: live order book, 45 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, 6 min ago | 13.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 45 min ago | 6.23 bp | 34.1 bp −$34 | 205.6 bp −$2,056 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IONQUSDT | −0.0321% | 8h | 40.170 | −0.149% | $1.5M | $408K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0023% | 8h | 40.160 | −0.174% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.110 | −0.298% | $738K | $1.3M | 20x | as long as short |
| Bybit IONQUSDTshort | 0.0000% | 8h | 40.100 | −0.323% | $676K | $254K | 25x | |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.100 | −0.323% | $131K | $266K | 20x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.170 | −0.149% | $486K | $506K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.150 | −0.199% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.120 | −0.273% | $692K | $102K | 20x | as long as short |
| QFEX IONQ-USD | +0.0017% | 1h | 40.090 | −0.348% | $1.1M | $513K | 10x | as long as short |
| KuCoin IONQUSDTMlong | +0.0100% | 8h | 40.230 | long leg | $37K | $2.9M | 20x |
Bitget IONQUSDT
BloFin IONQ-USDT
Binance IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT
QFEX IONQ-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0173% | 1h | 40.096 | −0.333% | $41K | $185K | 10x | as long as short |
| edgeX IONQUSDC | +0.0287% | 4h | 40.126 | −0.258% | $1K | $188K | 10x | as long as short |
Entropy io:IONQ
edgeX IONQUSDC