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

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: Bitget against QFEX−0.025%7-day average +0.215% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1441.437% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.021%−$2 on $10k
Price spread, last 7 days+0.096%+$10 · spread now −0.025%, 7d avg +0.215%
Together, before fees+0.076%+$8 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: Bitget is 0.239% cheaper against QFEX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.215%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX IONQ-USD40.4100get 0.0000% / 1h9m 18s$1.1M$468K10x
ShortBitget IONQUSDT40.4000get 0.0000% / 8h4h 09m$1.5M$388K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.025% → +0.215%
−$23.93
Slippage, 4 orders
−$121.69
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$167.63
Costs to cover
1.437%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago24.75 bp29.7 bp −$3039.2 bp −$392doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago8.66 bp24.8 bp −$2547.3 bp −$473doesn't fitdoesn't fit

IONQ on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IONQ-USDT−0.0009%8h40.380−0.074%$50K$8K20xas long as short
Binance IONQUSDT0.0000%8h40.416+0.014%$749K$1.4M20xas long as short
Bybit IONQUSDT0.0000%8h40.440+0.074%$864K$394K25xas long as short
OKX IONQ-USDT-SWAP0.0000%8h40.400−0.025%$136K$276K20xas long as short
QFEX IONQ-USDlong0.0000%1h40.410long leg$1.1M$468K10x
Gate IONQ_USDT0.0000%8h40.420+0.025%$542K$504K20xas long as short
Bitget IONQUSDTshort0.0000%8h40.400−0.025%$1.5M$388K20x
HTX IONQ-USDT0.0000%8h40.390−0.049%$7K$13K10xas long as short
Phemex IONQUSDT0.0000%8h40.4100.000%$706K$115K20xas long as short
KuCoin IONQUSDTM+0.0100%8h40.490+0.198%$35K$3.1M20xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX IONQUSDC+0.0218%4h40.393−0.043%$1K$188K10xas long as short
Entropy io:IONQ+0.1644%1h40.415+0.012%$105K$216K10xas long as short