Settings8H · net · $10k
Funding arb · Price arb /

QNT

all QNT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.222%−$22 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QNTUSDT66.8200.0100pay 0.0100% / 8h6m 43s$2.8M$1.4M75x
ShortBingX QNT-USDT66.8900.0536get 0.0536% / 8h6m 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago5.23 bp36.9 bp −$37780.0 bp −$7,800doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.97 bp20.7 bp −$2145.5 bp −$455463.8 bp −$46.4K910.5 bp −$455.3K

QNT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective QNT/USDC PERP−0.0391%1h67.140+0.479%$115K5.5xas long as short
Variational Omni QNT−0.0140%8h66.865+0.068%$58K$114Kas long as short
gTrade (Gains Network) QNT/USDL +0.0001% / S +0.0010%1h67.099+0.417%$137150xas long as short
Binance QNTUSDT+0.0100%8h66.851+0.046%$3.7M$6.8M75xas long as short
Bybit QNTUSDTlong+0.0100%8h66.820long leg$2.8M$1.4M75x
Gate QNT_USDT+0.0100%8h67.110+0.434%$213K$96K25xas long as short
MEXC QNT_USDT+0.0100%8h66.910+0.135%$2.9M$1.3M200xas long as short
KuCoin QNTUSDTM+0.0100%8h66.850+0.045%$693K$152K30xas long as short
Bitget QNTUSDT+0.0100%8h66.890+0.105%$1.6M$286K75xas long as short
BloFin QNT-USDT+0.0220%8h67.020+0.299%$188K$261K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX QNT-USDTshort+0.0536%8h66.890+0.105%$2.4M
Kraken Futures PF_QNTUSD+3.0979%1h67.098+0.417%$38K$62K10xas long as short