Funding you earn now, next payment 08:00 UTC−0.0183%/8h= −20.1% APRpaid last 24h −0.052%
Price spread now: edgeX against KuCoin−0.236%7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.336%+$34 · spread now −0.236%, 7d avg −0.028%
=Together, before fees+0.230%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.209% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IONQUSDTM | 40.300 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $36K | $2.9M | 20x |
| Short | edgeX IONQUSDC | 40.205 | −0.0083 | pay 0.0042% / 4h | 1h 53m | $1K | $187K | 10x |
KuCoin IONQUSDTM
edgeX IONQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$38.5
- Price spread: −0.236% → −0.028%
- −$20.86
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$80.36
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; edgeX: live order book, 54 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, 4 min ago | 4.96 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 8.67 bp | 48.7 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IONQUSDT | −0.0335% | 8h | 40.250 | −0.124% | $1.5M | $418K | 20x | as long as short |
| edgeX IONQUSDCshort | −0.0083% | 4h | 40.205 | −0.236% | $1K | $187K | 10x | |
| Binance IONQUSDT | 0.0000% | 8h | 40.201 | −0.245% | $738K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.190 | −0.273% | $678K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.220 | −0.199% | $132K | $267K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.200 | −0.248% | $1.1M | $529K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.230 | −0.174% | $479K | $497K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.340 | +0.099% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.220 | −0.199% | $694K | $102K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0024% | 8h | 40.220 | −0.199% | $49K | $9K | 20x | as long as short |
Bitget IONQUSDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT
BloFin IONQ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTMlong | +0.0100% | 8h | 40.300 | long leg | $36K | $2.9M | 20x | |
| Entropy io:IONQ | +0.1030% | 1h | 40.223 | −0.191% | $42K | $187K | 10x | as long as short |
Entropy io:IONQ