Settings8H · net · $10k
Funding arb · Price arb /

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against QFEX+0.078%7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.078%, 7d avg +0.166%
Together, before fees+0.011%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.088% cheaper against QFEX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.166%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX IONQ-USD39.6000get 0.0000% / 1h31m 27s$1.1M$506K10x
ShortBinance IONQUSDT39.6310get 0.0000% / 8h7h 31m$757K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.078% → +0.166%
−$8.76
Slippage, 4 orders
−$81.56
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$110.32
Costs to cover
1.016%
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago2.52 bp35.2 bp −$3544.9 bp −$449doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.52 bp19.1 bp −$1981.7 bp −$817doesn't fitdoesn't fit

IONQ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX IONQUSDC−0.0393%4h39.667+0.169%$1K$188K10xas long as short
Bitget IONQUSDT−0.0156%8h39.640+0.101%$1.5M$418K20xas long as short
BloFin IONQ-USDT−0.0010%8h39.680+0.202%$50K$9K20xas long as short
Binance IONQUSDTshort0.0000%8h39.631+0.078%$757K$1.3M20x
Bybit IONQUSDT0.0000%8h39.620+0.051%$775K$323K25xas long as short
OKX IONQ-USDT-SWAP0.0000%8h39.620+0.051%$142K$278K20xas long as short
QFEX IONQ-USDlong0.0000%1h39.600long leg$1.1M$506K10x
Gate IONQ_USDT0.0000%8h39.650+0.126%$505K$503K20xas long as short
HTX IONQ-USDT0.0000%8h39.650+0.126%$7K$16K10xas long as short
Phemex IONQUSDT0.0000%8h39.660+0.152%$688K$106K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:IONQ+0.0050%1h39.679+0.199%$41K$186K10xas long as short
KuCoin IONQUSDTM+0.0100%8h39.710+0.278%$35K$3.0M20xas long as short