Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Phemex−0.073%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.073%, 7d avg −0.217%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.143% dearer against Phemex than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.217%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IONQUSDT | 40.860 | 0 | get 0.0000% / 8h | 17m 27s | $701K | $112K | 20x |
| Short | QFEX IONQ-USD | 40.830 | 0 | get 0.0000% / 1h | 17m 27s | $1.1M | $699K | 10x |
Phemex IONQUSDT
QFEX IONQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.073% → −0.217%
- $14.31
- Slippage, 4 orders
- −$89.23
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$96.91
- Costs to cover
- 1.112%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 60 min ago; QFEX: live order book, 3 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, 60 min ago | 7.39 bp | 41.5 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 2.45 bp | 12.3 bp −$12 | 19.2 bp −$192 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IONQUSDT | 0.0000% | 8h | 40.870 | +0.024% | $739K | $1.4M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.850 | −0.024% | $687K | $286K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.840 | −0.049% | $105K | $271K | 20x | as long as short |
| QFEX IONQ-USDshort | 0.0000% | 1h | 40.830 | −0.073% | $1.1M | $699K | 10x | |
| Gate IONQ_USDT | 0.0000% | 8h | 40.860 | 0.000% | $504K | $567K | 20x | as long as short |
| Bitget IONQUSDT | 0.0000% | 8h | 40.850 | −0.024% | $1.5M | $423K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.830 | −0.073% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDTlong | 0.0000% | 8h | 40.860 | long leg | $701K | $112K | 20x | |
| BloFin IONQ-USDT | +0.0015% | 8h | 40.810 | −0.122% | $48K | $6K | 20x | as long as short |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.920 | +0.147% | $34K | $2.9M | 20x | as long as short |
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
Bitget IONQUSDT
HTX IONQ-USDT
BloFin IONQ-USDT
KuCoin IONQUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0192% | 1h | 40.808 | −0.127% | $44K | $180K | 10x | as long as short |
| edgeX IONQUSDC | +0.0443% | 4h | 40.839 | −0.050% | $1K | $187K | 10x | as long as short |
Entropy io:IONQ
edgeX IONQUSDC