Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.033%

Price spread now: gTrade (Gains Network) against Binance+0.137%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.137% dearer against Binance than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QNTUSDT	66.880	0.0100	pay 0.0100% / 8h	3h 57m	$3.8M	$6.7M	75x
Short	gTrade (Gains Network) QNT/USD	66.972	L +0.0001% / S +0.0010%	pay 0.0001% / 1h	57m 54s	$137	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.137%Rate

Funding earned: −$23.17
Price spread: +0.137% → 0.000%: $13.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$29.47
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; gTrade (Gains Network): no order-book sample. 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 Binance live order book, 11 min ago	3.00 bp	26.9 bp −$27	107.7 bp −$1,077	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

QNT 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
Kraken Futures PF_QNTUSD	−0.0421%	1h	66.979	+0.148%	$38K	$64K	10x	as long as short
gTrade (Gains Network) QNT/USDshort	L +0.0001% / S +0.0010%	1h	66.972	+0.137%	$137	—	150x
Injective QNT/USDC PERP	+0.0033%	1h	67.140	+0.389%	—	$115K	5.5x	as long as short
Binance QNTUSDTlong	+0.0100%	8h	66.880	long leg	$3.8M	$6.7M	75x
Bybit QNTUSDT	+0.0100%	8h	66.770	−0.164%	$2.7M	$1.5M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.050	+0.254%	$216K	$78K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	66.890	+0.015%	$2.8M	$1.3M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	66.750	−0.194%	$659K	$159K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	66.900	+0.030%	$1.6M	$393K	75x	as long as short
Variational Omni QNT	+0.0100%	8h	66.883	+0.005%	$54K	$119K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QNT-USDT	+0.0220%	8h	67.010	+0.194%	$188K	$287K	75x	as long as short
BingX QNT-USDT	+0.0354%	8h	66.820	−0.090%	—	$2.4M	—	as long as short