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

IONQ

RWAall IONQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.031%
Price spread now: KuCoin against QFEX+0.344%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.111%+$11 on $10k
Price spread, last 7 days−0.380%−$38 · spread now +0.344%, 7d avg +0.114%
Together, before fees−0.268%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.230% dearer against QFEX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.114%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX IONQ-USD40.7100get 0.0000% / 1h13m 35s$1.1M$597K10x
ShortKuCoin IONQUSDTM40.8500.0100get 0.0100% / 8h6h 13m$37K$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.344% → +0.114%
$23.04
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$22.04
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: QFEX: live order book, 2 min ago; KuCoin: live order book, 4 min ago. Net counts fees only.

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, 2 min ago1.23 bp13.6 bp −$1424.4 bp −$244doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago12.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

IONQ on 11 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
Binance IONQUSDT0.0000%8h40.749+0.095%$729K$1.4M20xas long as short
Bybit IONQUSDT0.0000%8h40.740+0.074%$682K$271K25xas long as short
OKX IONQ-USDT-SWAP0.0000%8h40.780+0.172%$134K$279K20xas long as short
QFEX IONQ-USDlong0.0000%1h40.710long leg$1.1M$597K10x
Gate IONQ_USDT0.0000%8h40.730+0.049%$508K$518K20xas long as short
Bitget IONQUSDT0.0000%8h40.780+0.172%$1.5M$402K20xas long as short
HTX IONQ-USDT0.0000%8h40.760+0.123%$7K$19K10xas long as short
Phemex IONQUSDT0.0000%8h40.730+0.049%$700K$108K20xas long as short
KuCoin IONQUSDTMshort+0.0100%8h40.850+0.344%$37K$2.9M20x
edgeX IONQUSDC+0.0387%4h40.748+0.094%$1K$188K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Entropy io:IONQ+0.0617%1h40.744+0.084%$47K$176K10xas long as short