IONQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.3% APRnext payment −$2.58 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX+0.100%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1401.398% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.100%, 7d avg +0.058%

Together, before fees−0.237%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.042% dearer against OKX than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.058%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 13 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX IONQ-USDT-SWAP	40.150	0	get 0.0000% / 8h	22m 36s	$132K	$267K	20x
Short	Bitget IONQUSDT	40.190	−0.0258	pay 0.0258% / 8h	22m 36s	$1.5M	$408K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$54.18
Price spread: +0.100% → +0.058%: $4.17
Slippage, 4 orders: −$117.81
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$189.82
Costs to cover: 1.398%
Break-even: never at this rate

Slippage from OKX: live order book, 13 min ago; Bitget: live order book, 4 min ago.

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 OKX live order book, 13 min ago	8.71 bp	78.8 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	7.47 bp	24.1 bp −$24	50.5 bp −$505	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
Bitget IONQUSDTshort	−0.0258%	8h	40.190	+0.100%	$1.5M	$408K	20x
BloFin IONQ-USDT	−0.0002%	8h	40.150	0.000%	$50K	$9K	20x	as long as short
Binance IONQUSDT	0.0000%	8h	40.160	+0.025%	$740K	$1.3M	20x	as long as short
Bybit IONQUSDT	0.0000%	8h	40.120	−0.075%	$675K	$255K	25x	as long as short
OKX IONQ-USDT-SWAPlong	0.0000%	8h	40.150	long leg	$132K	$267K	20x
Gate IONQ_USDT	0.0000%	8h	40.170	+0.050%	$486K	$508K	20x	as long as short
HTX IONQ-USDT	0.0000%	8h	40.100	−0.125%	$7K	$17K	10x	as long as short
Phemex IONQUSDT	0.0000%	8h	40.150	0.000%	$693K	$102K	20x	as long as short
QFEX IONQ-USD	+0.0017%	1h	40.100	−0.125%	$1.1M	$512K	10x	as long as short
Entropy io:IONQ	+0.0050%	1h	40.103	−0.117%	$40K	$179K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin IONQUSDTM	+0.0100%	8h	40.240	+0.224%	$37K	$2.9M	20x	as long as short
edgeX IONQUSDC	+0.0922%	4h	40.149	−0.002%	$1K	$188K	10x	as long as short