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: OKX against KuCoin−0.171%7-day average +0.046% · 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)+0.411%+$41 · spread now −0.171%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.216% cheaper against KuCoin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IONQUSDTM | 41.020 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $39K | $2.9M | 20x |
| Short | OKX IONQ-USDT-SWAP | 40.950 | 0 | get 0.0000% / 8h | 6h 57m | $114K | $256K | 20x |
KuCoin IONQUSDTM
OKX IONQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.171% → +0.046%
- −$21.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.63
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; OKX: live order book, 7 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 | 15.84 bp | 267.6 bp −$268 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 7 min ago | 4.88 bp | 76.2 bp −$76 | 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 | 40.880 | −0.341% | $736K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.900 | −0.293% | $683K | $272K | 25x | as long as short |
| OKX IONQ-USDT-SWAPshort | 0.0000% | 8h | 40.950 | −0.171% | $114K | $256K | 20x | |
| QFEX IONQ-USD | 0.0000% | 1h | 40.880 | −0.341% | $1.1M | $632K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.910 | −0.268% | $504K | $505K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.940 | −0.195% | $1.5M | $385K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.900 | −0.293% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.890 | −0.317% | $702K | $108K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0015% | 8h | 40.920 | −0.244% | $48K | $6K | 20x | as long as short |
| Entropy io:IONQ | +0.0050% | 1h | 40.867 | −0.373% | $43K | $176K | 10x | as long as short |
Binance IONQUSDT
Bybit IONQUSDT
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDT
BloFin IONQ-USDT
Entropy io:IONQShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTMlong | +0.0100% | 8h | 41.020 | long leg | $39K | $2.9M | 20x | |
| edgeX IONQUSDC | +0.0338% | 4h | 40.944 | −0.185% | $1K | $187K | 10x | as long as short |
edgeX IONQUSDC