Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.046%
Price spread now: MEXC against Injective+0.492%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)−1.060%−$106 · spread now +0.492%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.508% dearer against Injective than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of −0.016%.
| 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 | 58m 50s | — | $115K | 5.5x |
| Short | MEXC QNT_USDT | 67.470 | 0.0100 | get 0.0100% / 8h | 7h 58m | $2.9M | $1.4M | 200x |
Injective QNT/USDC PERP
MEXC QNT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.492% → −0.016%
- $50.79
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $60.77
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 1.48 bp | 4.0 bp −$4 | 35.6 bp −$356 | 87.6 bp −$8,761 | 238.1 bp −$119.0K |
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 | −0.0605% | 1h | 67.549 | +0.610% | $38K | $65K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.550 | +0.610% | $138 | — | 150x | as long as short |
| Injective QNT/USDC PERPlong | +0.0033% | 1h | 67.140 | long leg | — | $115K | 5.5x | |
| Binance QNTUSDT | +0.0100% | 8h | 67.500 | +0.536% | $3.7M | $7.2M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.420 | +0.417% | $2.8M | $1.6M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.520 | +0.566% | $226K | $82K | 25x | as long as short |
| MEXC QNT_USDTshort | +0.0100% | 8h | 67.470 | +0.492% | $2.9M | $1.4M | 200x | |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.470 | +0.492% | $656K | $159K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.590 | +0.670% | $1.7M | $443K | 75x | as long as short |
| BingX QNT-USDT | +0.0100% | 8h | 67.480 | +0.506% | — | $2.4M | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BingX QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | +0.0100% | 8h | 67.456 | +0.470% | $54K | $120K | — | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 67.440 | +0.447% | $183K | $307K | 75x | as long as short |
Variational Omni QNT
BloFin QNT-USDT