Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against OKX+0.270%7-day average −0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−0.687%−$69 · spread now +0.270%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.310% dearer against OKX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IONQ-USDT-SWAP | 40.800 | 0 | get 0.0000% / 8h | 5h 02m | $134K | $272K | 20x |
| Short | KuCoin IONQUSDTM | 40.910 | 0.0100 | get 0.0100% / 8h | 5h 02m | $37K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.270% → −0.040%
- $30.99
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $29.99
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 58 min ago; KuCoin: live order book, 5 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, 58 min ago | 3.68 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 11.01 bp | doesn't fit | 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 | −0.0850% | 4h | 40.815 | +0.036% | $1K | $187K | 10x | as long as short |
| BloFin IONQ-USDT | −0.0020% | 8h | 40.780 | −0.049% | $6K | $6K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.810 | +0.025% | $733K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.830 | +0.074% | $684K | $250K | 25x | as long as short |
| OKX IONQ-USDT-SWAPlong | 0.0000% | 8h | 40.800 | long leg | $134K | $272K | 20x | |
| QFEX IONQ-USD | 0.0000% | 1h | 40.800 | 0.000% | $1.1M | $535K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.820 | +0.049% | $509K | $495K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.810 | +0.025% | $1.5M | $386K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.870 | +0.172% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.810 | +0.025% | $702K | $104K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTMshort | +0.0100% | 8h | 40.910 | +0.270% | $37K | $2.9M | 20x | |
| Entropy io:IONQ | +0.0286% | 1h | 40.796 | −0.010% | $47K | $174K | 10x | as long as short |
OKX IONQ-USDT-SWAP
KuCoin IONQUSDTM
edgeX IONQUSDC
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
Phemex IONQUSDT