IONQ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCIONQSTOCK_USDT	36.320	+0.0873	pay 0.0873% / 8h	7h 27m	$1.7M	$327K	20x	Long MEXC
SHORT	GateIONQ_USDT	36.340	0	0.0000% / 8h	7h 27m	$1.2M	$896K	20x	Short Gate

Price gap+0.055%

Funding gap−0.0873% /8h

The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $26 a day and eats that in about 4 hours. At the last 7 days' pace that is about 16 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$43−0.0873% /8h now · paid −0.425% over the last 7D

Price+$4spread +0.055% now, avg +0.013% → +0.042% if it goes back

Costs−$970.968% of $10k · taker + slippage, in and out

Result−$135−1.35%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.425% in total, about −0.0202%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.055%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IONQ on 15 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Watch: Thin at this size10.3 / 54.8 bp
At $10k entering Gate costs 54.8 bp, fee and slippage, 5.3× MEXC’s.
Note: Margin at max leverage$500 + $500
MEXC 20x, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$26.19Long MEXC: 3 payments, −$26.19; short Gate: 3 payments, $0.00.
OK: Entry gap works for you+0.055% vs +0.013%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$1.2M vs $1.7M OI
Both legs are deep; Gate is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Gate Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0202%/8h × 21 periods−$42.52

Price spread+0.055% → +0.013% (7d avg)+$4.17

Slippage, 4 orderslive order books−$77.77

Fee MEXC bp × 2 orders−$4.00

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$135.11

Costs to cover0.968%Break-evennever at this rate

Slippage: MEXC: live order book, 3 min ago; Gate: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC8.2710.3 bp−$1021.3 bp−$213164.5 bp−$16.4Kdoesn’t fit

SELL · SHORTGate12.3854.8 bp−$55doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.