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: Gate against KuCoin−0.173%7-day average +0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.173%, 7d avg +0.054%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.227% cheaper against KuCoin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.054%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.159%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IONQUSDTM | 40.560 | 0.0100 | pay 0.0100% / 8h | 3h 19m | $38K | $2.9M | 20x |
| Short | Gate IONQ_USDT | 40.490 | 0 | get 0.0000% / 8h | 3h 19m | $505K | $477K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.173% → +0.054%
- −$22.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$70.7
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Gate: live order book, 31 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, 2 min ago | 12.32 bp | 298.3 bp −$298 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 22.13 bp | 32.4 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IONQUSDT | 0.0000% | 8h | 40.440 | −0.296% | $730K | $1.2M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.450 | −0.271% | $677K | $248K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.460 | −0.247% | $133K | $269K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.440 | −0.296% | $1.1M | $504K | 10x | as long as short |
| Gate IONQ_USDTshort | 0.0000% | 8h | 40.490 | −0.173% | $505K | $477K | 20x | |
| Bitget IONQUSDT | 0.0000% | 8h | 40.480 | −0.197% | $1.5M | $380K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.550 | −0.025% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.450 | −0.271% | $696K | $99K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0019% | 8h | 40.540 | −0.049% | $49K | $6K | 20x | as long as short |
| KuCoin IONQUSDTMlong | +0.0100% | 8h | 40.560 | long leg | $38K | $2.9M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0325% | 1h | 40.437 | −0.303% | $45K | $175K | 10x | as long as short |
| edgeX IONQUSDC | +0.0899% | 4h | 40.492 | −0.167% | $1K | $187K | 10x | as long as short |
KuCoin IONQUSDTM
Gate IONQ_USDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDT
BloFin IONQ-USDT
edgeX IONQUSDC