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 Gate−0.105%48s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as 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−$3073.068% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.105%, 7d avg −0.038%
=Funding pays, the price is against you. BloFin is 0.067% cheaper against Gate than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.038%). If the spread goes back, that is −$7 on $10k: about 45 hours of funding at the current rate (+$4 a day). The two prices were read 48 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 | Gate QNT_USDT | 66.680 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $215K | $78K | 25x |
| Short | BloFin QNT-USDT | 66.610 | 0.0220 | get 0.0220% / 8h | 3h 12m | $186K | $284K | 75x |
Gate QNT_USDT
BloFin QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: −0.105% → −0.038%
- −$6.73
- Slippage, 4 orders
- −$279.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$288.31
- Costs to cover
- 3.068%
- Break-even
- 87.1 days
Slippage from Gate: live order book, 34 min ago; BloFin: live order book, 17 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 Gate live order book, 34 min ago | 30.56 bp | 107.5 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 0.75 bp | 23.8 bp −$24 | 75.8 bp −$758 | 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 | −0.0422% | 1h | 66.721 | +0.062% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.552 | −0.192% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.690% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.473 | −0.311% | $3.7M | $6.6M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.410 | −0.405% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDTlong | +0.0100% | 8h | 66.680 | long leg | $215K | $78K | 25x | |
| MEXC QNT_USDT | +0.0100% | 8h | 66.510 | −0.255% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.420 | −0.390% | $656K | $155K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.570 | −0.165% | $1.6M | $399K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.753 | +0.110% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0180% | 8h | 66.490 | −0.285% | — | $2.4M | — | as long as short |
| BloFin QNT-USDTshort | +0.0220% | 8h | 66.610 | −0.105% | $186K | $284K | 75x |
BingX QNT-USDT