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: Bitget against Phemex+0.049%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1241.244% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.049%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.043% cheaper against Phemex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IONQUSDT | 40.720 | 0 | get 0.0000% / 8h | 6h 00m | $700K | $109K | 20x |
| Short | Bitget IONQUSDT | 40.740 | 0 | get 0.0000% / 8h | 6h 00m | $1.5M | $401K | 20x |
Phemex IONQUSDT
Bitget IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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: +0.049% → +0.092%
- −$4.28
- Slippage, 4 orders
- −$100.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$128.69
- Costs to cover
- 1.244%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bitget: 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 Phemex live order book, 2 min ago | 4.91 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 12.27 bp | 22.7 bp −$23 | 70.6 bp −$706 | doesn't fit | doesn't fit |
IONQ on 11 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 | −0.0344% | 4h | 40.712 | −0.020% | $1K | $187K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.710 | −0.025% | $727K | $1.4M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.730 | +0.025% | $681K | $265K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.730 | +0.025% | $134K | $277K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.690 | −0.074% | $1.1M | $564K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.720 | 0.000% | $508K | $519K | 20x | as long as short |
| Bitget IONQUSDTshort | 0.0000% | 8h | 40.740 | +0.049% | $1.5M | $401K | 20x | |
| HTX IONQ-USDT | 0.0000% | 8h | 40.740 | +0.049% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDTlong | 0.0000% | 8h | 40.720 | long leg | $700K | $109K | 20x | |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.810 | +0.221% | $38K | $2.9M | 20x | as long as short |
edgeX IONQUSDC
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
HTX IONQ-USDT
KuCoin IONQUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0551% | 1h | 40.710 | −0.025% | $47K | $176K | 10x | as long as short |
Entropy io:IONQ