IONQ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexIONQUSDT	28.680	0	0.0000% / 8h	4h 42m	$1.1M	$110K	20x	Long Phemex
SHORT	MEXCIONQSTOCK_USDT	28.680	−0.2137	pay 0.2137% / 8h	4h 42m	$1.3M	$447K	20x	Short MEXC

Price gap0.000%

Funding gap−0.2137% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $64 a day and eats that in about 3 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0−0.2137% /8h now · paid 0.000% over the last 7D

Price+$7spread 0.000% now, avg −0.073% → +0.073% if it goes back

Costs−$1041.037% of $10k · taker + slippage, in and out

Result−$96−0.96%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid 0.000% in total, about 0.0000%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now0.000%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IONQ on 15 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Watch: Thin at this size37.5 / 7.2 bp
At $10k entering Phemex costs 37.5 bp, fee and slippage, 5.2× MEXC’s.
Note: Margin at max leverage$500 + $500
Phemex 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$64.11Long Phemex: 3 payments, $0.00; short MEXC: 3 payments, −$64.11.
OK: Entry gap works for you0.000% vs −0.073%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Long leg is thinner$1.1M vs $1.3M OI
Both legs are deep; Phemex is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhemex Yes · MEXC Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned0.0000%/8h × 21 periods$0.00

Price spread0.000% → −0.073% (7d avg)+$7.30

Slippage, 4 orderslive order books−$87.73

Fee Phemex bp × 2 orders−$12.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$96.43

Costs to cover1.037%Break-evennever at this rate

Slippage: Phemex: live order book, 1 min ago; MEXC: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex10.4737.5 bp−$38150.6 bp−$1,506doesn’t fitdoesn’t fit

SELL · SHORTMEXC5.247.2 bp−$715.2 bp−$152107.0 bp−$10.7K272.0 bp−$136.0K

Closing costs about the same again.

IONQ news

posts that mention IONQ, from every exchange

11-03 01:05	edgeX	Listing	IONQUSDC no longer reported ($IONQ) seen by our collector
11-02 03:49	Backpack	Other	Earnings & macro to watch for Nov 2–6 ▸ Macro: US midterm elections, BoE decision, Oct jobs report ▸ Earnings: $AAPL $PLTR $AMD $SHOP $SMCI $ANET $UBER $APP $MCD $QCOM $ARM $CRCL $NET $IONQ $SOUN $ABNB $IREN $OKLO $XYZ $AFRM $DKNG Full market calendar → @Backpack on X ↗
10-21 15:39	Variational Omni	Listing	IonQ $IONQ perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
10-21 02:21	Variational Omni	Listing	new market IONQ ($IONQ) seen by our collector