Funding you earn now, next payment 08:00 UTC−0.0275%/8h= −30.1% APRnext payment −$2.75 per $10,000 · paid last 24h −0.064%
Price spread now: Bitget against BingX−0.030%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1441.441% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.030%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.074% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, 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 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.75 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 | 66.650 | 0.0375 | pay 0.0375% / 8h | 4h 05m | — | $2.4M | — |
| Short | Bitget QNTUSDT | 66.630 | 0.0100 | get 0.0100% / 8h | 4h 05m | $1.6M | $380K | 75x |
BingX QNT-USDT
Bitget QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$57.75
- Price spread: −0.030% → +0.044%
- −$7.4
- Slippage, 4 orders
- −$122.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$209.22
- Costs to cover
- 1.441%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 2 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, 4 min ago | 6.00 bp | 31.9 bp −$32 | 78.8 bp −$788 | 551.5 bp −$55.2K | 858.0 bp −$429.0K |
| Sell Bitget live order book, 2 min ago | 6.76 bp | 40.5 bp −$41 | 129.9 bp −$1,299 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QNTUSD | −0.0833% | 1h | 66.707 | +0.085% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.711 | +0.091% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.735% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.668 | +0.027% | $3.8M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.580 | −0.105% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.720 | +0.105% | $215K | $92K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.680 | +0.045% | $2.8M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.740 | +0.135% | $659K | $160K | 30x | as long as short |
| Bitget QNTUSDTshort | +0.0100% | 8h | 66.630 | −0.030% | $1.6M | $380K | 75x | |
| Variational Omni QNT | +0.0100% | 8h | 66.533 | −0.175% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 66.590 | −0.090% | $187K | $286K | 75x | as long as short |
| BingX QNT-USDTlong | +0.0375% | 8h | 66.650 | long leg | — | $2.4M | — |
BloFin QNT-USDT