Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.017%
Price spread now: Variational Omni against Injective−0.630%76s7-day average −0.129% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.022%+$2 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.630%, 7d avg −0.129%
=Together, before fees+0.043%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.500% cheaper against Injective than usual: you would sell low and buy high (spread −0.630% now, against its 7-day average of −0.129%). If the spread goes back, that is −$50 on $10k: about 8.3 days of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.022% in total) that is about 3 months. The two prices were read 76 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 3 days it paid 0.022% in total (about 2.4% 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 | 30m 08s | — | $115K | 5.5x |
| Short | Variational Omni QNT | 66.717 | −0.0189 | pay 0.0189% / 8h | 30m 08s | $63K | $109K | — |
Injective QNT/USDC PERP
Variational Omni QNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $42.34
- Price spread: −0.630% → −0.129%
- −$50.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.68
- Costs to cover
- 0.000%
- Break-even
- 8.3 days
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 64 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 Variational Omni RFQ quote, 64 min ago | 7.18 bp | doesn't fit | 349.1 bp −$3,491 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective QNT/USDC PERPlong | −0.0391% | 1h | 67.140 | long leg | — | $115K | 5.5x | |
| Variational Omni QNTshort | −0.0189% | 8h | 66.717 | −0.630% | $63K | $109K | — | |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.899 | −0.359% | $136 | — | 150x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.850 | −0.432% | $3.7M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.790 | −0.521% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.900 | −0.357% | $212K | $95K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.850 | −0.432% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.790 | −0.521% | $692K | $152K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.890 | −0.372% | $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 |
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-USDT | +0.0463% | 8h | 66.840 | −0.447% | — | $2.4M | — | as long as short |
| Kraken Futures PF_QNTUSD | +3.1077% | 1h | 66.887 | −0.377% | $38K | $62K | 10x | as long as short |
BingX QNT-USDT
Kraken Futures PF_QNTUSD