Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Phemex−0.050%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.050% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IONQUSDT | 40.100 | 0 | get 0.0000% / 8h | 1h 41m | $692K | $102K | 20x |
| Short | BloFin IONQ-USDT | 40.080 | −0.0009 | pay 0.0009% / 8h | 1h 41m | $49K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.91
- Price spread: −0.050% → 0.000%
- −$4.99
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30.89
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; BloFin: no order-book sample. 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 Phemex live order book, 1 min ago | 7.48 bp | 45.0 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.009% | $1K | $188K | 10x | as long as short |
| Bitget IONQUSDT | −0.0359% | 8h | 40.210 | +0.274% | $1.5M | $413K | 20x | as long as short |
| BloFin IONQ-USDTshort | −0.0009% | 8h | 40.080 | −0.050% | $49K | $9K | 20x | |
| Binance IONQUSDT | 0.0000% | 8h | 40.096 | −0.011% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.120 | +0.050% | $676K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.110 | +0.025% | $132K | $266K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.100 | 0.000% | $1.1M | $524K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.120 | +0.050% | $474K | $500K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.160 | +0.150% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDTlong | 0.0000% | 8h | 40.100 | long leg | $692K | $102K | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.250 | +0.374% | $36K | $2.9M | 20x | as long as short |
| Entropy io:IONQ | +0.0773% | 1h | 40.115 | +0.037% | $42K | $186K | 10x | as long as short |
Phemex IONQUSDT
BloFin IONQ-USDT
edgeX IONQUSDC
Bitget IONQUSDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
KuCoin IONQUSDTM