Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin+0.240%82s7-day average −0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as 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−$1441.440% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.240%, 7d avg −0.131%
=The price spread pays, funding is against you. Bybit is 0.371% dearer against BloFin than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of −0.131%): +$37 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 10 days. The two prices were read 82 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 | 66.770 | 0.0220 | pay 0.0220% / 8h | 4h 01m | $188K | $286K | 75x |
| Short | Bybit QNTUSDT | 66.930 | 0.0100 | get 0.0100% / 8h | 4h 01m | $2.8M | $1.5M | 75x |
BloFin QNT-USDT
Bybit QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.240% → −0.131%
- $37.07
- Slippage, 4 orders
- −$120.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$132.11
- Costs to cover
- 1.440%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; Bybit: live order book, 5 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, 33 min ago | 2.26 bp | 28.2 bp −$28 | 76.0 bp −$760 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.76 bp | 45.9 bp −$46 | 184.5 bp −$1,845 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QNTUSD | −0.0828% | 1h | 67.067 | +0.444% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.941 | +0.256% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.554% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.950 | +0.270% | $3.8M | $6.7M | 75x | as long as short |
| Bybit QNTUSDTshort | +0.0100% | 8h | 66.930 | +0.240% | $2.8M | $1.5M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 66.910 | +0.210% | $216K | $92K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.950 | +0.270% | $2.8M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.800 | +0.045% | $660K | $160K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.940 | +0.255% | $1.6M | $380K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.533 | −0.354% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance 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 | 66.770 | long leg | $188K | $286K | 75x | |
| BingX QNT-USDT | +0.0375% | 8h | 66.930 | +0.240% | — | $2.4M | — | as long as short |
BingX QNT-USDT