Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h +0.031%
Price spread now: KuCoin against QFEX+0.399%7-day average +0.127% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.111%+$11 on $10k
+Price spread, last 7 days−0.346%−$35 · spread now +0.399%, 7d avg +0.127%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.272% dearer against QFEX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX IONQ-USD | 40.090 | 0.0017 | pay 0.0002% / 1h | 49m 57s | $1.1M | $513K | 10x |
| Short | KuCoin IONQUSDTM | 40.250 | 0.0100 | get 0.0100% / 8h | 49m 57s | $37K | $2.9M | 20x |
QFEX IONQ-USD
KuCoin IONQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- $17.51
- Price spread: +0.399% → +0.127%
- $27.21
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $22.71
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 6 min ago; KuCoin: live order book, 7 min ago. Net counts fees only.
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 QFEX live order book, 6 min ago | 2.49 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 13.65 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget IONQUSDT | −0.0321% | 8h | 40.150 | +0.150% | $1.5M | $408K | 20x | as long as short |
| BloFin IONQ-USDT | −0.0023% | 8h | 40.160 | +0.175% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.140 | +0.125% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.140 | +0.125% | $676K | $254K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.100 | +0.025% | $131K | $266K | 20x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.140 | +0.125% | $485K | $506K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.150 | +0.150% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.120 | +0.075% | $692K | $102K | 20x | as long as short |
| QFEX IONQ-USDlong | +0.0017% | 1h | 40.090 | long leg | $1.1M | $513K | 10x | |
| KuCoin IONQUSDTMshort | +0.0100% | 8h | 40.250 | +0.399% | $37K | $2.9M | 20x |
Bitget IONQUSDT
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0173% | 1h | 40.096 | +0.015% | $41K | $185K | 10x | as long as short |
| edgeX IONQUSDC | +0.0287% | 4h | 40.126 | +0.090% | $1K | $188K | 10x | as long as short |
Entropy io:IONQ
edgeX IONQUSDC