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: Gate against Phemex0.000%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days+0.370%+$37 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now 0.000%, 7d avg +0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IONQUSDT | 40.880 | 0 | get 0.0000% / 8h | 7h 33m | $702K | $111K | 20x |
| Short | Gate IONQ_USDT | 40.880 | 0 | get 0.0000% / 8h | 7h 33m | $504K | $536K | 20x |
Phemex IONQUSDT
Gate IONQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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% → +0.049%
- −$4.89
- Slippage, 4 orders
- −$111.15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$143.04
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 39 min ago; Gate: live order book, 38 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, 39 min ago | 2.44 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 38 min ago | 13.46 bp | 24.9 bp −$25 | 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 | −0.0781% | 4h | 40.899 | +0.046% | $1K | $186K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.880 | 0.000% | $738K | $1.4M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.870 | −0.024% | $683K | $274K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.870 | −0.024% | $105K | $245K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.860 | −0.049% | $1.1M | $663K | 10x | as long as short |
| Gate IONQ_USDTshort | 0.0000% | 8h | 40.880 | 0.000% | $504K | $536K | 20x | |
| Bitget IONQUSDT | 0.0000% | 8h | 40.910 | +0.073% | $1.5M | $409K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.900 | +0.049% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDTlong | 0.0000% | 8h | 40.880 | long leg | $702K | $111K | 20x | |
| BloFin IONQ-USDT | +0.0013% | 8h | 40.890 | +0.024% | $48K | $6K | 20x | as long as short |
edgeX IONQUSDC
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
QFEX IONQ-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0050% | 1h | 40.880 | 0.000% | $43K | $179K | 10x | as long as short |
| KuCoin IONQUSDTM | +0.0100% | 8h | 41.000 | +0.294% | $36K | $2.9M | 20x | as long as short |
Entropy io:IONQ
KuCoin IONQUSDTM