IONQ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCIONQSTOCK_USDT	39.110	0	0.0000% / 8h	5h 26m	$1.6M	$453K	20x	Long MEXC
SHORT	QFEXIONQ-USD	39.090	0	0.0000% / 1h	26m 02s	$1.2M	$603K	10x	Short QFEX10% off

Price gap−0.051%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$15 on $10k if the gap goes back to its 7d average.

If you open now and hold

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

Funding−$320.0000% /8h now · paid −0.323% over the last 7D

Price+$15spread −0.051% now, avg −0.196% → +0.145% if it goes back

Costs−$530.533% of $10k · taker + slippage, in and out

Result−$71−0.71%no pointsWhat the last 7D really paid, hour by hour → backtest

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−0.051%

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

OK: Fits both order books12.6 / 13.8 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $1,000
MEXC 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long MEXC: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
OK: Entry gap works for you−0.051% vs −0.196%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$1.2M vs $1.6M OI
Both legs are deep; QFEX is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · QFEX No
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−0.0154%/8h × 21 periods−$32.32

Price spread−0.051% → −0.196% (7d avg)+$14.51

Slippage, 4 orderslive order books−$25.29

Fee MEXC bp × 2 orders−$8.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$71.11

Costs to cover0.533%Break-evennever at this rate

Slippage: MEXC: live order book, 9 min ago; QFEX: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC6.3812.6 bp−$1323.6 bp−$236166.9 bp−$16.7Kdoesn’t fit

SELL · SHORTQFEX3.8413.8 bp−$1417.0 bp−$170doesn’t fitdoesn’t fit

Closing costs about the same again.