Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against QFEX+0.124%7-day average +0.208% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.124%, 7d avg +0.208%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.084% cheaper against QFEX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.208%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX IONQ-USD | 40.330 | 0 | get 0.0000% / 1h | 50m 00s | $1.1M | $538K | 10x |
| Short | Phemex IONQUSDT | 40.380 | 0 | get 0.0000% / 8h | 2h 50m | $696K | $101K | 20x |
QFEX IONQ-USD
Phemex IONQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.124% → +0.208%
- −$8.38
- Slippage, 4 orders
- −$81.83
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$112.21
- Costs to cover
- 1.038%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Phemex: live order book, 62 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 QFEX live order book, 6 min ago | 2.48 bp | 10.3 bp −$10 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 62 min ago | 3.68 bp | 42.8 bp −$43 | 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 | −0.0140% | 8h | 40.440 | +0.273% | $1.5M | $409K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.370 | +0.099% | $736K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.370 | +0.099% | $678K | $249K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.430 | +0.248% | $133K | $268K | 20x | as long as short |
| QFEX IONQ-USDlong | 0.0000% | 1h | 40.330 | long leg | $1.1M | $538K | 10x | |
| Gate IONQ_USDT | 0.0000% | 8h | 40.420 | +0.223% | $504K | $473K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.420 | +0.223% | $7K | $18K | 10x | as long as short |
| Phemex IONQUSDTshort | 0.0000% | 8h | 40.380 | +0.124% | $696K | $101K | 20x | |
| BloFin IONQ-USDT | +0.0027% | 8h | 40.410 | +0.198% | $49K | $9K | 20x | as long as short |
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.470 | +0.347% | $36K | $2.9M | 20x | as long as short |
Bitget IONQUSDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
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 | +0.0250% | 1h | 40.343 | +0.032% | $45K | $175K | 10x | as long as short |
| edgeX IONQUSDC | +0.0788% | 4h | 40.360 | +0.075% | $1K | $187K | 10x | as long as short |
Entropy io:IONQ
edgeX IONQUSDC