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: OKX against Phemex+0.049%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1601.598% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now +0.049%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IONQUSDT | 40.440 | 0 | get 0.0000% / 8h | 3h 18m | $696K | $99K | 20x |
| Short | OKX IONQ-USDT-SWAP | 40.460 | 0 | get 0.0000% / 8h | 3h 18m | $133K | $269K | 20x |
Phemex IONQUSDT
OKX IONQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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% → +0.015%
- $3.44
- Slippage, 4 orders
- −$137.78
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$156.34
- Costs to cover
- 1.598%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 34 min ago; OKX: live order book, 31 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, 34 min ago | 3.68 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 6.15 bp | 59.8 bp −$60 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IONQ-USDT | 0.0000% | 8h | 40.460 | +0.049% | $49K | $6K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.450 | +0.025% | $731K | $1.2M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.450 | +0.025% | $677K | $248K | 25x | as long as short |
| OKX IONQ-USDT-SWAPshort | 0.0000% | 8h | 40.460 | +0.049% | $133K | $269K | 20x | |
| QFEX IONQ-USD | 0.0000% | 1h | 40.430 | −0.025% | $1.1M | $504K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.470 | +0.074% | $504K | $478K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.470 | +0.074% | $1.5M | $380K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.550 | +0.272% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDTlong | 0.0000% | 8h | 40.440 | long leg | $696K | $99K | 20x | |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.550 | +0.272% | $38K | $2.9M | 20x | as long as short |
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
QFEX IONQ-USD
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
KuCoin IONQUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDC | +0.0232% | 4h | 40.455 | +0.038% | $1K | $187K | 10x | as long as short |
| Entropy io:IONQ | +0.0323% | 1h | 40.424 | −0.040% | $45K | $175K | 10x | as long as short |
edgeX IONQUSDC
Entropy io:IONQ