Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.193%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$830.827% of the position
Funding, last 7 days−0.225%−$23 on $10k
+Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.193%, 7d avg +0.013%
=The price spread pays, funding is against you. Binance is 0.181% dearer against BloFin than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of +0.013%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QNT-USDT | 67.100 | 0.0220 | pay 0.0220% / 8h | 52m 40s | $188K | $261K | 75x |
| Short | Binance QNTUSDT | 67.230 | 0.0100 | get 0.0100% / 8h | 52m 40s | $3.7M | $6.7M | 75x |
BloFin QNT-USDT
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: +0.193% → +0.013%
- $18.05
- Slippage, 4 orders
- −$60.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.8
- Costs to cover
- 0.827%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; Binance: live order book, 16 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 BloFin live order book, 18 min ago | 1.49 bp | 15.3 bp −$15 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 1.49 bp | 25.4 bp −$25 | 94.8 bp −$948 | 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 | +0.060% | — | $115K | 5.5x | as long as short |
| Variational Omni QNT | −0.0220% | 8h | 67.161 | +0.091% | $64K | $109K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.208 | +0.161% | $137 | — | 150x | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 67.230 | +0.193% | $3.7M | $6.7M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 67.200 | +0.149% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.230 | +0.194% | $213K | $95K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.240 | +0.209% | $3.0M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.270 | +0.253% | $703K | $152K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.270 | +0.253% | $1.7M | $270K | 75x | as long as short |
| BloFin QNT-USDTlong | +0.0220% | 8h | 67.100 | long leg | $188K | $261K | 75x |
Injective QNT/USDC PERP
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0452% | 8h | 67.190 | +0.134% | — | $2.4M | — | as long as short |
| Kraken Futures PF_QNTUSD | +3.0925% | 1h | 67.216 | +0.173% | $38K | $62K | 10x | as long as short |
BingX QNT-USDT
Kraken Futures PF_QNTUSD