Funding arb · Price arb /

QNT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.069%

Price spread now: gTrade (Gains Network) against BloFin+0.191%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.191% dearer against BloFin than usual: you sell high and buy low (spread +0.191% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin QNT-USDT	66.940	0.0220	pay 0.0220% / 8h	46m 41s	$187K	$260K	75x
Short	gTrade (Gains Network) QNT/USD	67.068	L +0.0001% / S +0.0010%	pay 0.0001% / 1h	46m 41s	$137	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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 BloFinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.191%Rate

Funding earned: −$48.37
Price spread: +0.191% → 0.000%: $19.11
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$51.26
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 24 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 24 min ago	1.49 bp	15.3 bp −$15	41.2 bp −$412	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.299%	—	$115K	5.5x	as long as short
Variational Omni QNT	−0.0213%	8h	67.192	+0.376%	$64K	$109K	—	as long as short
gTrade (Gains Network) QNT/USDshort	L +0.0001% / S +0.0010%	1h	67.068	+0.191%	$137	—	150x
Binance QNTUSDT	+0.0100%	8h	67.076	+0.203%	$3.7M	$6.7M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	66.980	+0.060%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.100	+0.239%	$213K	$95K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	67.020	+0.120%	$3.0M	$1.3M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	67.010	+0.105%	$697K	$152K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.060	+0.179%	$1.7M	$270K	75x	as long as short
BloFin QNT-USDTlong	+0.0220%	8h	66.940	long leg	$187K	$260K	75x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX QNT-USDT	+0.0436%	8h	67.040	+0.149%	—	$2.4M	—	as long as short
Kraken Futures PF_QNTUSD	+3.0977%	1h	67.104	+0.245%	$38K	$62K	10x	as long as short