Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.074%7-day average +0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1521.525% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.074%, 7d avg +0.153%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.226% cheaper against Bybit than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.153%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IONQUSDT | 40.620 | 0 | get 0.0000% / 8h | 1h 23m | $683K | $291K | 25x |
| Short | Bitget IONQUSDT | 40.590 | 0 | get 0.0000% / 8h | 1h 23m | $1.5M | $431K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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: −0.074% → +0.153%
- −$22.65
- Slippage, 4 orders
- −$129.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$175.12
- Costs to cover
- 1.525%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 52 min ago; Bitget: live order book, 3 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 Bybit live order book, 52 min ago | 8.65 bp | 42.2 bp −$42 | 1617.1 bp −$16.2K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 14.77 bp | 43.1 bp −$43 | 84.4 bp −$844 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX IONQUSDC | −0.0244% | 4h | 40.560 | −0.147% | $1K | $185K | 10x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.610 | −0.025% | $736K | $1.4M | 20x | as long as short |
| Bybit IONQUSDTlong | 0.0000% | 8h | 40.620 | long leg | $683K | $291K | 25x | |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.580 | −0.098% | $105K | $270K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.580 | −0.098% | $1.1M | $677K | 10x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.610 | −0.025% | $501K | $570K | 20x | as long as short |
| Bitget IONQUSDTshort | 0.0000% | 8h | 40.590 | −0.074% | $1.5M | $431K | 20x | |
| HTX IONQ-USDT | 0.0000% | 8h | 40.640 | +0.049% | $7K | $19K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.610 | −0.025% | $697K | $111K | 20x | as long as short |
| BloFin IONQ-USDT | +0.0001% | 8h | 40.620 | 0.000% | $48K | $6K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IONQUSDTM | +0.0100% | 8h | 40.660 | +0.098% | $36K | $2.9M | 20x | as long as short |
| Entropy io:IONQ | +0.0588% | 1h | 40.573 | −0.116% | $46K | $191K | 10x | as long as short |
Bybit IONQUSDT
Bitget IONQUSDT
edgeX IONQUSDC
Binance IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT
BloFin IONQ-USDT
KuCoin IONQUSDTM