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

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against QFEX+0.074%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1071.070% 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 4 days (all we have)+0.300%+$30 · spread now +0.074%, 7d avg +0.227%
Together, before fees+0.300%+$30 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: OKX is 0.153% cheaper against QFEX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.227%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX IONQ-USD40.4300get 0.0000% / 1h19m 09s$1.1M$504K10x
ShortOKX IONQ-USDT-SWAP40.4600get 0.0000% / 8h3h 19m$133K$269K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.074% → +0.227%
−$15.26
Slippage, 4 orders
−$87.04
Fee QFEX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$122.3
Costs to cover
1.070%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 1 min ago2.47 bp17.5 bp −$1832.7 bp −$327doesn't fitdoesn't fit
Sell OKX live order book, 31 min ago6.15 bp59.8 bp −$60doesn't fitdoesn'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
BloFin IONQ-USDT0.0000%8h40.460+0.074%$49K$6K20xas long as short
Binance IONQUSDT0.0000%8h40.450+0.049%$731K$1.2M20xas long as short
Bybit IONQUSDT0.0000%8h40.440+0.025%$677K$248K25xas long as short
OKX IONQ-USDT-SWAPshort0.0000%8h40.460+0.074%$133K$269K20x
QFEX IONQ-USDlong0.0000%1h40.430long leg$1.1M$504K10x
Gate IONQ_USDT0.0000%8h40.460+0.074%$504K$477K20xas long as short
Bitget IONQUSDT0.0000%8h40.480+0.124%$1.5M$380K20xas long as short
HTX IONQ-USDT0.0000%8h40.550+0.297%$7K$18K10xas long as short
Phemex IONQUSDT0.0000%8h40.440+0.025%$696K$99K20xas long as short
KuCoin IONQUSDTM+0.0100%8h40.550+0.297%$38K$2.9M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX IONQUSDC+0.0232%4h40.455+0.063%$1K$187K10xas long as short
Entropy io:IONQ+0.0325%1h40.437+0.017%$45K$175K10xas long as short