Funding you earn now, next payment 00:00 UTC+0.0854%/8h= +93.5% APRpaid last 24h +0.044%
Price spread now: BingX against Injective−0.402%57s7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 3 days (all we have)−0.079%−$8 · spread now −0.402%, 7d avg −0.015%
=Funding pays, the price is against you. BingX is 0.387% cheaper against Injective than usual: you would sell low and buy high (spread −0.402% now, against its 7-day average of −0.015%). If the spread goes back, that is −$39 on $10k: about 36 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.055% in total) that is about 49 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective QNT/USDC PERP | 67.140 | −0.0391 | get 0.0049% / 1h | 28m 20s | — | $115K | 5.5x |
| Short | BingX QNT-USDT | 66.870 | 0.0463 | get 0.0463% / 8h | 28m 20s | — | $2.4M | — |
Injective QNT/USDC PERP
BingX QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $179.28
- Price spread: −0.402% → −0.015%
- −$38.73
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $130.52
- Costs to cover
- 0.100%
- Break-even
- 1.9 days
Slippage unknown: Injective: no order-book sample; BingX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 5.23 bp | 30.0 bp −$30 | 90.8 bp −$908 | 526.0 bp −$52.6K | 908.1 bp −$454.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective QNT/USDC PERPlong | −0.0391% | 1h | 67.140 | long leg | — | $115K | 5.5x | |
| Variational Omni QNT | −0.0189% | 8h | 66.717 | −0.630% | $63K | $109K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.912 | −0.340% | $136 | — | 150x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.880 | −0.387% | $3.7M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.820 | −0.477% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.910 | −0.343% | $212K | $95K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.870 | −0.402% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.810 | −0.492% | $693K | $152K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.880 | −0.387% | $1.7M | $271K | 75x | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 66.850 | −0.432% | $187K | $260K | 75x | as long as short |
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BloFin QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDTshort | +0.0463% | 8h | 66.870 | −0.402% | — | $2.4M | — | |
| Kraken Futures PF_QNTUSD | +3.1065% | 1h | 66.913 | −0.338% | $38K | $62K | 10x | as long as short |
Kraken Futures PF_QNTUSD