Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.087%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$650.646% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.077%−$8 · spread now +0.087%, 7d avg −0.001%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.089% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QNTUSDT	67.481	0.0100	pay 0.0100% / 8h	41m 38s	$3.7M	$7.2M	75x
Short	MEXC QNT_USDT	67.540	0.0100	get 0.0100% / 8h	41m 38s	$2.9M	$1.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → −0.001%: $8.88
Slippage, 4 orders: −$50.6
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$55.72
Costs to cover: 0.646%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 5 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 Binance live order book, 12 min ago	0.74 bp	34.5 bp −$35	99.1 bp −$991	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.74 bp	3.1 bp −$3	33.8 bp −$338	90.7 bp −$9,074	248.8 bp −$124.4K

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	−0.0892%	1h	67.681	+0.296%	$39K	$66K	10x	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.663	+0.270%	$138	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	−0.505%	—	$115K	5.5x	as long as short
Variational Omni QNT	+0.0072%	8h	67.662	+0.268%	$55K	$120K	—	as long as short
Binance QNTUSDTlong	+0.0100%	8h	67.481	long leg	$3.7M	$7.2M	75x
Bybit QNTUSDT	+0.0100%	8h	67.340	−0.209%	$2.8M	$1.6M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.610	+0.191%	$228K	$88K	25x	as long as short
MEXC QNT_USDTshort	+0.0100%	8h	67.540	+0.087%	$2.9M	$1.4M	200x
KuCoin QNTUSDTM	+0.0100%	8h	67.600	+0.176%	$657K	$158K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.550	+0.102%	$1.6M	$432K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX QNT-USDT	+0.0100%	8h	67.480	−0.001%	—	$2.4M	—	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.670	+0.280%	$184K	$300K	75x	as long as short