Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX−0.025%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1711.714% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.025%, 7d avg −0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IONQ-USDT-SWAP | 40.110 | 0 | get 0.0000% / 8h | 1h 41m | $132K | $266K | 20x |
| Short | Phemex IONQUSDT | 40.100 | 0 | get 0.0000% / 8h | 1h 41m | $692K | $102K | 20x |
OKX IONQ-USDT-SWAP
Phemex IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.025% → −0.016%
- −$0.93
- Slippage, 4 orders
- −$149.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$172.37
- Costs to cover
- 1.714%
- Break-even
- never at this rate
Slippage from OKX: live order book, 64 min ago; Phemex: live order book, 1 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, 64 min ago | 6.19 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 7.48 bp | 40.8 bp −$41 | 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 | −0.0371% | 4h | 40.096 | −0.034% | $1K | $188K | 10x | as long as short |
| Bitget IONQUSDT | −0.0359% | 8h | 40.210 | +0.249% | $1.5M | $413K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0009% | 8h | 40.080 | −0.075% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.096 | −0.036% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.120 | +0.025% | $676K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAPlong | 0.0000% | 8h | 40.110 | long leg | $132K | $266K | 20x | |
| QFEX IONQ-USD | 0.0000% | 1h | 40.100 | −0.025% | $1.1M | $524K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.120 | +0.025% | $474K | $500K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.160 | +0.125% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDTshort | 0.0000% | 8h | 40.100 | −0.025% | $692K | $102K | 20x |
edgeX IONQUSDC
Bitget IONQUSDT
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
QFEX IONQ-USD
Gate IONQ_USDT
HTX IONQ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.250 | +0.349% | $36K | $2.9M | 20x | as long as short |
| Entropy io:IONQ | +0.0773% | 1h | 40.115 | +0.012% | $42K | $186K | 10x | as long as short |
KuCoin IONQUSDTM
Entropy io:IONQ