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: Bybit against Phemex0.000%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1641.638% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.073% dearer against Phemex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IONQUSDT | 40.730 | 0 | get 0.0000% / 8h | 6h 45m | $700K | $108K | 20x |
| Short | Bybit IONQUSDT | 40.730 | 0 | get 0.0000% / 8h | 6h 45m | $680K | $272K | 25x |
Phemex IONQUSDT
Bybit IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → −0.073%
- $7.26
- Slippage, 4 orders
- −$140.83
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$156.57
- Costs to cover
- 1.638%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 22 min ago; Bybit: live order book, 15 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, 22 min ago | 4.89 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 6.10 bp | 37.8 bp −$38 | 363.1 bp −$3,631 | 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 | −0.0526% | 4h | 40.728 | −0.006% | $1K | $187K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.725 | −0.013% | $734K | $1.3M | 20x | as long as short |
| Bybit IONQUSDTshort | 0.0000% | 8h | 40.730 | 0.000% | $680K | $272K | 25x | |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.700 | −0.074% | $113K | $256K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.700 | −0.074% | $1.1M | $603K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.750 | +0.049% | $502K | $506K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.760 | +0.074% | $1.5M | $383K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.640 | −0.221% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDTlong | 0.0000% | 8h | 40.730 | long leg | $700K | $108K | 20x | |
| BloFin IONQ-USDT | +0.0014% | 8h | 40.810 | +0.196% | $48K | $6K | 20x | as long as short |
edgeX IONQUSDC
Binance IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
BloFin IONQ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.820 | +0.221% | $38K | $2.9M | 20x | as long as short |
| Entropy io:IONQ | +0.0453% | 1h | 40.751 | +0.052% | $43K | $177K | 10x | as long as short |
KuCoin IONQUSDTM
Entropy io:IONQ