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: Bitget against BloFin−0.030%45s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as 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−$900.905% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.030%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 45 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 | BloFin QNT-USDT | 67.530 | 0.0220 | pay 0.0220% / 8h | 2h 44m | $183K | $254K | 75x |
| Short | Bitget QNTUSDT | 67.510 | 0.0100 | get 0.0100% / 8h | 2h 44m | $1.7M | $212K | 75x |
BloFin QNT-USDT
Bitget QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.030% → +0.029%
- −$5.88
- Slippage, 4 orders
- −$66.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.54
- Costs to cover
- 0.905%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 39 min ago; Bitget: live order book, 2 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, 39 min ago | 2.22 bp | 12.2 bp −$12 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.96 bp | 30.8 bp −$31 | 90.9 bp −$909 | 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 | −1.125% | — | $86K | 5.5x | as long as short |
| Variational Omni QNT | −0.0339% | 8h | 67.420 | −0.162% | $54K | $99K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.543 | +0.019% | $138 | — | 150x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.444 | −0.127% | $3.6M | $5.8M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.350 | −0.267% | $2.8M | $1.2M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.550 | +0.030% | $215K | $73K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.440 | −0.133% | $2.9M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.540 | +0.015% | $717K | $116K | 30x | as long as short |
| Bitget QNTUSDTshort | +0.0100% | 8h | 67.510 | −0.030% | $1.7M | $212K | 75x | |
| BingX QNT-USDT | +0.0100% | 8h | 67.430 | −0.148% | — | $2.4M | — | as long as short |
Injective QNT/USDC PERP
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
BingX QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDTlong | +0.0220% | 8h | 67.530 | long leg | $183K | $254K | 75x | |
| Kraken Futures PF_QNTUSD | +4.0068% | 1h | 67.666 | +0.202% | $38K | $61K | 10x | as long as short |
Kraken Futures PF_QNTUSD