Funding you earn now, next payment 00:00 UTC+0.0436%/8h= +47.7% APRnext payment +$4.36 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Bybit+0.105%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.105%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.079%. Mind the row above: over the last 7 days funding on this pair cost −0.143%, 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 -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.36 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 | Bybit QNTUSDT | 66.820 | 0.0100 | pay 0.0100% / 8h | 6m 43s | $2.8M | $1.4M | 75x |
| Short | BingX QNT-USDT | 66.890 | 0.0536 | get 0.0536% / 8h | 6m 43s | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $91.56
- Price spread: +0.105% → +0.079%
- $2.56
- Slippage, 4 orders
- −$103.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$30.58
- Costs to cover
- 1.247%
- Break-even
- 9.3 days
Slippage from Bybit: live order book, 5 min ago; BingX: 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 Bybit live order book, 5 min ago | 5.23 bp | 36.9 bp −$37 | 780.0 bp −$7,800 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.97 bp | 20.7 bp −$21 | 45.5 bp −$455 | 463.8 bp −$46.4K | 910.5 bp −$455.3K |
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 | +0.479% | — | $115K | 5.5x | as long as short |
| Variational Omni QNT | −0.0140% | 8h | 66.865 | +0.068% | $58K | $114K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.099 | +0.417% | $137 | — | 150x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.851 | +0.046% | $3.7M | $6.8M | 75x | as long as short |
| Bybit QNTUSDTlong | +0.0100% | 8h | 66.820 | long leg | $2.8M | $1.4M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 67.110 | +0.434% | $213K | $96K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.910 | +0.135% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.850 | +0.045% | $693K | $152K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.890 | +0.105% | $1.6M | $286K | 75x | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 67.020 | +0.299% | $188K | $261K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDTshort | +0.0536% | 8h | 66.890 | +0.105% | — | $2.4M | — | |
| Kraken Futures PF_QNTUSD | +3.0979% | 1h | 67.098 | +0.417% | $38K | $62K | 10x | as long as short |
Bybit QNTUSDT
BingX QNT-USDT
Injective QNT/USDC PERP
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BloFin QNT-USDT
Kraken Futures PF_QNTUSD