Funding you earn now, next payment 08:00 UTC+0.0350%/8h= +38.3% APRnext payment +$3.50 per $10,000 · paid last 24h +0.028%
Price spread now: BingX against BloFin−0.045%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1321.320% of the position
Funding, last 7 days−0.245%−$24 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.045%, 7d avg −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.50 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 | BloFin QNT-USDT | 66.550 | 0.0220 | pay 0.0220% / 8h | 4h 49m | $188K | $285K | 75x |
| Short | BingX QNT-USDT | 66.520 | 0.0570 | get 0.0570% / 8h | 4h 49m | — | $2.4M | — |
BloFin QNT-USDT
BingX QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $73.5
- Price spread: −0.045% → −0.036%
- −$0.86
- Slippage, 4 orders
- −$109.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.33
- Costs to cover
- 1.320%
- Break-even
- 12.7 days
Slippage from BloFin: live order book, 50 min ago; BingX: live order book, just now.
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, 50 min ago | 1.50 bp | 26.4 bp −$26 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell BingX live order book, just now | 8.27 bp | 41.2 bp −$41 | 91.0 bp −$910 | 475.0 bp −$47.5K | 845.7 bp −$422.8K |
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 | −0.0834% | 1h | 66.596 | +0.069% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.592 | +0.063% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.887% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.488 | −0.094% | $3.7M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.440 | −0.165% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.610 | +0.090% | $215K | $92K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.500 | −0.075% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.610 | +0.090% | $677K | $147K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.550 | 0.000% | $1.6M | $377K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.503 | −0.070% | $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
Bitget QNTUSDT
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDTlong | +0.0220% | 8h | 66.550 | long leg | $188K | $285K | 75x | |
| BingX QNT-USDTshort | +0.0570% | 8h | 66.520 | −0.045% | — | $2.4M | — |