Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG28.940−0.1611get 0.1611% / 8h5h 41m$1.3M$445K20xLong MEXC
SHORT28.96000.0000% / 8h5h 41m$1.2M$103K20xShort Phemex
Price gap+0.069%
Funding gap+0.1611% /8h

Funding trade: +$48 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$0+0.1611% /8h now · paid 0.000% over the last 7D
Price$0spread +0.069% now, avg +0.074% → −0.005% if it goes back
Costs−$1271.272% of $10k · taker + slippage, in and out
Result−$128−1.28%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total, about 0.0000%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.069%
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

1 ok · 2 to watch
  • Watch: Thin at this size25.0 / 36.0 bp
    At $10k entering Phemex costs 36.0 bp, fee and slippage, 1.4× MEXC’s.
  • Note: Margin at max leverage$500 + $500
    MEXC 20x, Phemex 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: +$48.33Long MEXC: 3 payments, +$48.33; short Phemex: 3 payments, $0.00.
  • Note: Gap at its usual level+0.069% vs +0.074%
    The price leg adds little either way.
  • Note: Short leg is thinner$1.2M vs $1.3M OI
    Both legs are deep; Phemex is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · Phemex 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 earned0.0000%/8h × 21 periods$0.00
Price spread+0.069% → +0.074% (7d avg)−$0.47
Slippage, 4 orderslive order books−$111.18
Fee MEXC bp × 2 orders−$4.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$127.65
Costs to cover1.272%Break-evennever at this rate
Slippage: MEXC: live order book, 4 min ago; Phemex: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC10.3525.0 bp−$2531.1 bp−$311127.8 bp−$12.8Kdoesn’t fit
SELL · SHORTPhemex6.9136.0 bp−$36148.6 bp−$1,486doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

IONQ news

posts that mention IONQ, from every exchange
11-03 01:05edgeXListingIONQUSDC no longer reported ($IONQ) seen by our collector
11-02 03:49BackpackOtherEarnings & macro to watch for Nov 2–6 ▸ Macro: US midterm elections, BoE decision, Oct jobs report ▸ Earnings: $AAPL $PLTR $AMD $SHOP $SMCI $ANET $UBER $APP $MCD $QCOM $ARM $CRCL $NET $IONQ $SOUN $ABNB $IREN $OKLO $XYZ $AFRM $DKNG Full market calendar → @Backpack on X ↗
10-21 15:39Variational OmniListingIonQ $IONQ perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
10-21 02:21Variational OmniListingnew market IONQ ($IONQ) seen by our collector