Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+3.9819%/8h= +4360.2% APRpaid last 24h +1.910%

Price spread now: Kraken Futures against Binance+0.220%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 Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+2.521%+$252 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1,195 a day on $10k at the current rate, and Kraken Futures is 0.220% dearer against Binance than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.521% in total (about 131.5% a year). A funding rate is set anew for every payment. 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	Binance QNTUSDT	67.770	0.0100	pay 0.0100% / 8h	2h 24m	$3.6M	$5.8M	75x
Short	Kraken Futures PF_QNTUSD	67.919	3.9919	get 0.4990% / 1h	24m 19s	$38K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.220%Rate

Funding earned: $8,362.05
Price spread: +0.220% → 0.000%: $22.01
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $8,364.06
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 14 min ago; Kraken Futures: 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, 14 min ago	0.74 bp	18.4 bp −$18	74.4 bp −$744	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
Injective QNT/USDC PERP	−0.0384%	1h	66.770	−1.476%	—	$86K	5.5x	as long as short
Variational Omni QNT	−0.0317%	8h	67.658	−0.166%	$54K	$99K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.858	+0.129%	$138	—	150x	as long as short
Binance QNTUSDTlong	+0.0100%	8h	67.770	long leg	$3.6M	$5.8M	75x
Bybit QNTUSDT	+0.0100%	8h	67.710	−0.089%	$2.8M	$1.2M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.800	+0.044%	$216K	$73K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	67.770	0.000%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	67.740	−0.044%	$719K	$115K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.770	0.000%	$1.7M	$212K	75x	as long as short
BingX QNT-USDT	+0.0100%	8h	67.750	−0.030%	—	$2.4M	—	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	67.740	−0.044%	$182K	$256K	75x	as long as short
Kraken Futures PF_QNTUSDshort	+3.9919%	1h	67.919	+0.220%	$38K	$62K	10x