Funding you earn now, next payment 00:00 UTC−0.0283%/8h= −31.0% APRnext payment −$2.83 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against BingX+0.015%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1001.002% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now +0.015%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.83 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 | BingX QNT-USDT | 67.140 | 0.0383 | pay 0.0383% / 8h | 1h 23m | — | $2.4M | — |
| Short | Binance QNTUSDT | 67.150 | 0.0100 | get 0.0100% / 8h | 1h 23m | $3.8M | $6.8M | 75x |
BingX QNT-USDT
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$59.43
- Price spread: +0.015% → +0.052%
- −$3.72
- Slippage, 4 orders
- −$80.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$163.31
- Costs to cover
- 1.002%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: live order book, 15 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 BingX live order book, 1 min ago | 8.19 bp | 22.5 bp −$23 | 53.0 bp −$530 | 477.5 bp −$47.8K | 813.4 bp −$406.7K |
| Sell Binance live order book, 15 min ago | 0.74 bp | 26.5 bp −$27 | 114.2 bp −$1,142 | 688.3 bp −$68.8K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | −0.0255% | 8h | 67.092 | −0.072% | $64K | $109K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.228 | +0.131% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | 0.000% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 67.150 | +0.015% | $3.8M | $6.8M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 67.160 | +0.030% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.200 | +0.089% | $213K | $96K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.140 | 0.000% | $2.9M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.130 | −0.015% | $702K | $154K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.180 | +0.060% | $1.7M | $267K | 75x | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 67.180 | +0.060% | $190K | $261K | 75x | as long as short |
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BloFin QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDTlong | +0.0383% | 8h | 67.140 | long leg | — | $2.4M | — | |
| Kraken Futures PF_QNTUSD | +4.0244% | 1h | 67.217 | +0.114% | $38K | $65K | 10x | as long as short |
Kraken Futures PF_QNTUSD