Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Bitget+0.030%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$267as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2672.672% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.030%, 7d avg +0.006%

Together, before fees+0.033%+$3 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: KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget QNTUSDT	67.620	0.0100	pay 0.0100% / 8h	2h 30m	$1.7M	$212K	75x
Short	KuCoin QNTUSDTM	67.640	0.0100	get 0.0100% / 8h	2h 30m	$718K	$115K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → +0.006%: $2.36
Slippage, 4 orders: −$243.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$264.87
Costs to cover: 2.672%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 52 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 Bitget live order book, 1 min ago	8.13 bp	22.5 bp −$23	84.0 bp −$840	doesn't fit	doesn't fit
Sell KuCoin live order book, 52 min ago	11.88 bp	82.3 bp −$82	183.9 bp −$1,839	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	−0.0384%	1h	66.770	−1.257%	—	$86K	5.5x	as long as short
Variational Omni QNT	−0.0346%	8h	67.468	−0.225%	$54K	$99K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.672	+0.078%	$138	—	150x	as long as short
Binance QNTUSDT	+0.0100%	8h	67.600	−0.030%	$3.6M	$5.8M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	67.480	−0.207%	$2.8M	$1.2M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.600	−0.030%	$215K	$73K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	67.590	−0.044%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTMshort	+0.0100%	8h	67.640	+0.030%	$718K	$115K	30x
Bitget QNTUSDTlong	+0.0100%	8h	67.620	long leg	$1.7M	$212K	75x
BingX QNT-USDT	+0.0100%	8h	67.590	−0.044%	—	$2.4M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QNT-USDT	+0.0220%	8h	67.570	−0.074%	$182K	$255K	75x	as long as short
Kraken Futures PF_QNTUSD	+4.0044%	1h	67.708	+0.130%	$38K	$61K	10x	as long as short