Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.046%
Price spread now: Binance against Injective−0.328%107s7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.328%, 7d avg −0.018%
=Funding pays, the price is against you. Binance is 0.310% cheaper against Injective than usual: you would sell low and buy high (spread −0.328% now, against its 7-day average of −0.018%). If the spread goes back, that is −$31 on $10k: about 15 days of funding at the current rate (+$2 a day). The two prices were read 107 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 | Injective QNT/USDC PERP | 67.140 | 0.0033 | pay 0.0004% / 1h | 31m 29s | — | $115K | 5.5x |
| Short | Binance QNTUSDT | 66.920 | 0.0100 | get 0.0100% / 8h | 3h 31m | $3.7M | $6.7M | 75x |
Injective QNT/USDC PERP
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: −0.328% → −0.018%
- −$30.97
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.99
- Costs to cover
- 0.100%
- Break-even
- 20.5 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 7 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 1.49 bp | 37.3 bp −$37 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QNTUSD | −0.0421% | 1h | 66.942 | −0.295% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.940 | −0.298% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERPlong | +0.0033% | 1h | 67.140 | long leg | — | $115K | 5.5x | |
| Binance QNTUSDTshort | +0.0100% | 8h | 66.920 | −0.328% | $3.7M | $6.7M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 66.790 | −0.521% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.960 | −0.268% | $216K | $78K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.930 | −0.313% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.720 | −0.626% | $659K | $158K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.960 | −0.268% | $1.6M | $392K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.823 | −0.472% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Bybit QNTUSDT
Gate QNT_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 66.820 | −0.477% | $187K | $286K | 75x | as long as short |
| BingX QNT-USDT | +0.0253% | 8h | 66.890 | −0.372% | — | $2.4M | — | as long as short |
BloFin QNT-USDT
BingX QNT-USDT