Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h −0.028%
Price spread now: BloFin against BingX+0.074%81s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days+0.245%+$24 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.074%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.041% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.033%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX QNT-USDT | 67.390 | 0.0100 | pay 0.0100% / 8h | 5h 57m | — | $2.4M | — |
| Short | BloFin QNT-USDT | 67.440 | 0.0220 | get 0.0220% / 8h | 5h 57m | $183K | $285K | 75x |
BingX QNT-USDT
BloFin QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.074% → +0.033%
- $4.15
- Slippage, 4 orders
- −$69.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.1
- Costs to cover
- 0.914%
- Break-even
- 24.3 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 49 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, 5 min ago | 3.72 bp | 27.1 bp −$27 | 61.2 bp −$612 | 516.2 bp −$51.6K | 929.5 bp −$464.7K |
| Sell BloFin live order book, 49 min ago | 5.95 bp | 26.6 bp −$27 | 64.1 bp −$641 | doesn't fit | doesn't fit |
QNT on 12 exchanges
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 | −0.0723% | 1h | 67.488 | +0.146% | $38K | $58K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.480 | +0.134% | $138 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | −0.371% | — | $115K | 5.5x | as long as short |
| Variational Omni QNT | +0.0080% | 8h | 67.209 | −0.268% | $54K | $139K | — | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.410 | +0.030% | $3.7M | $6.9M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.350 | −0.059% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.460 | +0.104% | $224K | $79K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.400 | +0.015% | $3.0M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.530 | +0.208% | $681K | $165K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.540 | +0.223% | $1.6M | $489K | 75x | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Variational Omni QNT
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDTlong | +0.0100% | 8h | 67.390 | long leg | — | $2.4M | — | |
| BloFin QNT-USDTshort | +0.0220% | 8h | 67.440 | +0.074% | $183K | $285K | 75x |