Funding arb · Price arb /

QNT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Binance against gTrade (Gains Network)−0.167%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Binance

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

Funding pays, the price is against you. Binance is 0.167% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) QNT/USD	67.575	L +0.0001% / S +0.0010%	pay 0.0000% / 1h	1m 49s	$138	—	150x
Short	Binance QNTUSDT	67.462	0.0100	get 0.0100% / 8h	2h 01m	$3.5M	$5.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.167%Rate

Funding earned: $20.88
Price spread: −0.167% → 0.000%: −$16.71
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.82
Costs to cover: 0.200%
Break-even: 12.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 6 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 6 min ago	1.48 bp	22.6 bp −$23	71.0 bp −$710	doesn't fit	doesn't fit

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	−0.0384%	1h	66.770	−1.192%	—	$86K	5.5x	as long as short
Variational Omni QNT	−0.0299%	8h	67.472	−0.153%	$54K	$99K	—	as long as short
gTrade (Gains Network) QNT/USDlong	L +0.0001% / S +0.0010%	1h	67.575	long leg	$138	—	150x
Binance QNTUSDTshort	+0.0100%	8h	67.462	−0.167%	$3.5M	$5.8M	75x
Bybit QNTUSDT	+0.0100%	8h	67.350	−0.333%	$2.8M	$1.2M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.600	+0.037%	$215K	$73K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	67.490	−0.126%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	67.520	−0.082%	$694K	$121K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.500	−0.111%	$1.7M	$211K	75x	as long as short
BingX QNT-USDT	+0.0163%	8h	67.470	−0.156%	—	$2.4M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QNT-USDT	+0.0220%	8h	67.430	−0.215%	$182K	$255K	75x	as long as short
Kraken Futures PF_QNTUSD	+4.0228%	1h	67.398	−0.263%	$38K	$62K	10x	as long as short