Funding you earn now, next payment 08:00 UTC−0.0382%/8h= −41.8% APRnext payment −$3.82 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against KuCoin−0.099%7-day average +0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.099%, 7d avg +0.090%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.189% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin IONQUSDTM | 40.300 | 0.0100 | pay 0.0100% / 8h | 31m 53s | $37K | $2.9M | 20x |
| Short | Bitget IONQUSDT | 40.260 | −0.0282 | pay 0.0282% / 8h | 31m 53s | $1.5M | $408K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$80.22
- Price spread: −0.099% → +0.090%
- −$18.94
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$123.16
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Bitget: live order book, 5 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 KuCoin live order book, 5 min ago | 4.97 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 11.19 bp | 28.5 bp −$28 | 48.1 bp −$481 | 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 | −0.0282% | 8h | 40.260 | −0.099% | $1.5M | $408K | 20x | |
| edgeX IONQUSDC | −0.0228% | 4h | 40.209 | −0.225% | $1K | $188K | 10x | as long as short |
| BloFin IONQ-USDT | −0.0013% | 8h | 40.180 | −0.298% | $49K | $9K | 20x | as long as short |
| Binance IONQUSDT | 0.0000% | 8h | 40.197 | −0.256% | $739K | $1.3M | 20x | as long as short |
| Bybit IONQUSDT | 0.0000% | 8h | 40.170 | −0.323% | $676K | $255K | 25x | as long as short |
| OKX IONQ-USDT-SWAP | 0.0000% | 8h | 40.200 | −0.248% | $132K | $267K | 20x | as long as short |
| Gate IONQ_USDT | 0.0000% | 8h | 40.220 | −0.199% | $486K | $507K | 20x | as long as short |
| HTX IONQ-USDT | 0.0000% | 8h | 40.160 | −0.347% | $7K | $17K | 10x | as long as short |
| Phemex IONQUSDT | 0.0000% | 8h | 40.200 | −0.248% | $694K | $102K | 20x | as long as short |
| QFEX IONQ-USD | +0.0017% | 1h | 40.160 | −0.347% | $1.1M | $512K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Entropy io:IONQ | +0.0050% | 1h | 40.139 | −0.400% | $41K | $180K | 10x | as long as short |
| KuCoin IONQUSDTMlong | +0.0100% | 8h | 40.300 | long leg | $37K | $2.9M | 20x |
KuCoin IONQUSDTM
Bitget IONQUSDT
edgeX IONQUSDC
BloFin IONQ-USDT
Binance IONQUSDT
Bybit IONQUSDT
OKX IONQ-USDT-SWAP
Gate IONQ_USDT
HTX IONQ-USDT
Phemex IONQUSDT