Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.046%
Price spread now: KuCoin against Injective−0.715%55s7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)+0.566%+$57 · spread now −0.715%, 7d avg +0.003%
=Funding pays, the price is against you. KuCoin is 0.718% cheaper against Injective than usual: you would sell low and buy high (spread −0.715% now, against its 7-day average of +0.003%). If the spread goes back, that is −$72 on $10k: about 36 days of funding at the current rate (+$2 a day). The two prices were read 55 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 | 44m 26s | — | $115K | 5.5x |
| Short | KuCoin QNTUSDTM | 66.660 | 0.0100 | get 0.0100% / 8h | 4h 44m | $678K | $147K | 30x |
Injective QNT/USDC PERP
KuCoin QNTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.715% → +0.003%
- −$71.83
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$69.85
- Costs to cover
- 0.120%
- Break-even
- 41.9 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 40 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 KuCoin live order book, 40 min ago | 26.16 bp | 115.5 bp −$115 | 250.8 bp −$2,508 | 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 | −0.0833% | 1h | 66.670 | −0.700% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.677 | −0.689% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERPlong | +0.0033% | 1h | 67.140 | long leg | — | $115K | 5.5x | |
| Binance QNTUSDT | +0.0100% | 8h | 66.657 | −0.720% | $3.7M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.540 | −0.894% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.630 | −0.760% | $215K | $92K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.640 | −0.745% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTMshort | +0.0100% | 8h | 66.660 | −0.715% | $678K | $147K | 30x | |
| Bitget QNTUSDT | +0.0100% | 8h | 66.600 | −0.804% | $1.6M | $377K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.473 | −0.994% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
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 | 66.540 | −0.894% | $189K | $285K | 75x | as long as short |
| BingX QNT-USDT | +0.0548% | 8h | 66.600 | −0.804% | — | $2.4M | — | as long as short |
BloFin QNT-USDT
BingX QNT-USDT