Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.131%
Price spread now: Entropy against OKX−0.097%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now −0.097%, 7d avg −0.079%
=The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| 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 | 16m 15s | $132K | $266K | 20x |
| Short | Entropy io:IONQ | 40.111 | 0.0050 | get 0.0006% / 1h | 16m 15s | $40K | $179K | 10x |
OKX IONQ-USDT-SWAP
Entropy io:IONQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against OKX. 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
- $10.5
- Price spread: −0.097% → −0.079%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$19.28
- Costs to cover
- 0.280%
- Break-even
- 19.9 days
Slippage unknown: OKX: live order book, 19 min ago; Entropy: live order book, 39 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 OKX live order book, 19 min ago | 8.71 bp | 78.8 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 39 min ago | 7.36 bp | 28.4 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDC | −0.0479% | 4h | 40.169 | +0.047% | $1K | $188K | 10x | as long as short |
| Bitget IONQUSDT | −0.0244% | 8h | 40.190 | +0.100% | $1.5M | $407K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0027% | 8h | 40.150 | 0.000% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.203 | +0.131% | $741K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.150 | 0.000% | $676K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAPlong | 0.0000% | 8h | 40.150 | long leg | $132K | $266K | 20x | |
| Gate IONQ_USDT | 0.0000% | 8h | 40.200 | +0.125% | $498K | $513K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.210 | +0.149% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.190 | +0.100% | $694K | $102K | 20x | as long as short |
| QFEX IONQ-USD | +0.0017% | 1h | 40.120 | −0.075% | $1.1M | $505K | 10x | as long as short |
edgeX IONQUSDC
Bitget IONQUSDT
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT
QFEX IONQ-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQshort | +0.0050% | 1h | 40.111 | −0.097% | $40K | $179K | 10x | |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.260 | +0.274% | $37K | $2.9M | 20x | as long as short |
KuCoin IONQUSDTM