Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate−0.119%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$235as in the Price arb table

costs, in and out, $10k−$2252.253% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.119%, 7d avg −0.021%

Together, before fees+0.180%+$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.098% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QNT_USDT	67.160	0.0100	pay 0.0100% / 8h	1h 42m	$213K	$94K	25x
Short	MEXC QNT_USDT	67.080	0.0100	get 0.0100% / 8h	1h 42m	$2.9M	$1.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now −0.119%Rate

Funding earned: $0
Price spread: −0.119% → −0.021%: −$9.85
Slippage, 4 orders: −$206.26
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$235.1
Costs to cover: 2.253%
Break-even: never at this rate

Slippage from Gate: live order book, 34 min ago; MEXC: live order book, 5 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	27.31 bp	112.1 bp −$112	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.48 bp	3.5 bp −$3	34.1 bp −$341	92.2 bp −$9,216	251.4 bp −$125.7K

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
Variational Omni QNT	−0.0286%	8h	67.479	+0.474%	$54K	$99K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.160	0.000%	$137	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	66.770	−0.581%	—	$86K	5.5x	as long as short
Binance QNTUSDT	+0.0100%	8h	67.080	−0.119%	$3.5M	$6.8M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	67.030	−0.194%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDTlong	+0.0100%	8h	67.160	long leg	$213K	$94K	25x
MEXC QNT_USDTshort	+0.0100%	8h	67.080	−0.119%	$2.9M	$1.4M	200x
KuCoin QNTUSDTM	+0.0100%	8h	67.150	−0.015%	$707K	$153K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.130	−0.045%	$1.7M	$257K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.080	−0.119%	$180K	$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-USDT	+0.0345%	8h	67.070	−0.134%	—	$2.4M	—	as long as short
Kraken Futures PF_QNTUSD	+4.0396%	1h	66.963	−0.293%	$37K	$62K	10x	as long as short