QNT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0360%/8h= −39.4% APRnext payment −$3.60 per $10,000 · paid last 24h −0.009%

Price spread now: Bybit against BingX−0.015%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1351.350% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.015%, 7d avg −0.079%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.064% dearer against BingX than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.079%): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.143%, 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 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.60 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	66.880	0.0460	pay 0.0460% / 8h	34m 03s	—	$2.4M	—
Short	Bybit QNTUSDT	66.870	0.0100	get 0.0100% / 8h	34m 03s	$2.8M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$75.6
Price spread: −0.015% → −0.079%: $6.42
Slippage, 4 orders: −$114.02
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$204.2
Costs to cover: 1.350%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 3 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, 15 min ago	5.22 bp	22.8 bp −$23	51.9 bp −$519	496.2 bp −$49.6K	907.4 bp −$453.7K
Sell Bybit live order book, 3 min ago	4.49 bp	39.1 bp −$39	172.1 bp −$1,721	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
Injective QNT/USDC PERP	−0.0391%	1h	67.140	+0.389%	—	$115K	5.5x	as long as short
Variational Omni QNT	−0.0201%	8h	66.867	−0.019%	$63K	$109K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	66.979	+0.148%	$137	—	150x	as long as short
Binance QNTUSDT	+0.0100%	8h	66.922	+0.063%	$3.7M	$6.7M	75x	as long as short
Bybit QNTUSDTshort	+0.0100%	8h	66.870	−0.015%	$2.8M	$1.4M	75x
Gate QNT_USDT	+0.0100%	8h	66.990	+0.164%	$213K	$95K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	66.930	+0.075%	$2.9M	$1.3M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	66.990	+0.164%	$695K	$152K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	66.950	+0.105%	$1.7M	$271K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	66.810	−0.105%	$188K	$260K	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-USDTlong	+0.0460%	8h	66.880	long leg	—	$2.4M	—
Kraken Futures PF_QNTUSD	+3.1051%	1h	66.943	+0.094%	$38K	$62K	10x	as long as short