Funding you earn now, next payment 08:00 UTC−0.0407%/8h= −44.6% APRnext payment −$4.07 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.025%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2172.173% of the position
Funding, last 7 days−0.338%−$34 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.025%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IONQ_USDT | 40.120 | 0 | get 0.0000% / 8h | 1h 27m | $474K | $501K | 20x |
| Short | Bitget IONQUSDT | 40.130 | −0.0407 | pay 0.0407% / 8h | 1h 27m | $1.5M | $413K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$85.47
- Price spread: +0.025% → +0.038%
- −$1.28
- Slippage, 4 orders
- −$190.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$304.07
- Costs to cover
- 2.173%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; Bitget: live order book, 4 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 Gate live order book, 13 min ago | 12.46 bp | 96.5 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 8.73 bp | 26.8 bp −$27 | 86.1 bp −$861 | 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 IONQUSDTshort | −0.0407% | 8h | 40.130 | +0.025% | $1.5M | $413K | 20x | |
| edgeX IONQUSDC | −0.0160% | 4h | 40.088 | −0.080% | $1K | $187K | 10x | as long as short |
| BloFin IONQ-USDT | −0.0020% | 8h | 40.120 | 0.000% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.111 | −0.023% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.070 | −0.125% | $675K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.120 | 0.000% | $132K | $267K | 20x | as long as short |
| QFEX IONQ-USD | 0.0000% | 1h | 40.090 | −0.075% | $1.1M | $519K | 10x | as long as short |
| Gate IONQ_USDTlong | 0.0000% | 8h | 40.120 | long leg | $474K | $501K | 20x | |
| HTX IONQ-USDT | 0.0000% | 8h | 40.110 | −0.025% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.110 | −0.025% | $692K | $102K | 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 | 40.210 | +0.224% | $36K | $2.9M | 20x | as long as short |
| Entropy io:IONQ | +0.0666% | 1h | 40.080 | −0.100% | $42K | $185K | 10x | as long as short |
Gate IONQ_USDT
Bitget IONQUSDT
edgeX IONQUSDC
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
HTX IONQ-USDT
Phemex IONQUSDT
KuCoin IONQUSDTM