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: BloFin against Bybit+0.284%52s7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as 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−$1261.256% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.284%, 7d avg +0.129%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.155% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.129%. The two prices were read 52 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 | Bybit QNTUSDT | 66.980 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $2.7M | $1.6M | 75x |
| Short | BloFin QNT-USDT | 67.170 | 0.0220 | get 0.0220% / 8h | 1h 36m | $184K | $289K | 75x |
Bybit QNTUSDT
BloFin QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.284% → +0.129%
- $15.46
- Slippage, 4 orders
- −$102.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.94
- Costs to cover
- 1.256%
- Break-even
- 30.6 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 48 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, 1 min ago | 3.73 bp | 43.8 bp −$44 | 1040.9 bp −$10.4K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.75 bp | 24.7 bp −$25 | 61.1 bp −$611 | 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 | −0.0750% | 1h | 67.246 | +0.397% | $38K | $65K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.190 | +0.314% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.239% | — | $115K | 5.5x | as long as short |
| Variational Omni QNT | +0.0075% | 8h | 67.278 | +0.445% | $54K | $119K | — | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.111 | +0.196% | $3.7M | $7.0M | 75x | as long as short |
| Bybit QNTUSDTlong | +0.0100% | 8h | 66.980 | long leg | $2.7M | $1.6M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 67.210 | +0.343% | $220K | $81K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.140 | +0.239% | $3.0M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.120 | +0.209% | $652K | $154K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.200 | +0.328% | $1.6M | $437K | 75x | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Variational Omni QNT
Binance QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0100% | 8h | 67.080 | +0.149% | — | $2.4M | — | as long as short |
| BloFin QNT-USDTshort | +0.0220% | 8h | 67.170 | +0.284% | $184K | $289K | 75x |
BingX QNT-USDT