Funding you earn now, next payment 22:00 UTC−4.0128%/8h= −4394.0% APRpaid last 24h −1.910%
Price spread now: Binance against Kraken Futures+0.096%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.521%−$252 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.096% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1,204 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−2.521% in total) that is about 6 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.521% in total (about -131.5% 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 | Kraken Futures PF_QNTUSD | 67.398 | 4.0228 | pay 0.5029% / 1h | 1m 42s | $38K | $62K | 10x |
| Short | Binance QNTUSDT | 67.462 | 0.0100 | get 0.0100% / 8h | 2h 01m | $3.5M | $5.8M | 75x |
Kraken Futures PF_QNTUSD
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$8,426.93
- Price spread: +0.096% → 0.000%
- $9.61
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$8,437.32
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 1.48 bp | 22.6 bp −$23 | 71.0 bp −$710 | doesn't fit | doesn't fit |
Kraken Futures: 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 PERP | −0.0384% | 1h | 66.770 | −0.931% | — | $86K | 5.5x | as long as short |
| Variational Omni QNT | −0.0299% | 8h | 67.472 | +0.110% | $54K | $99K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.575 | +0.264% | $138 | — | 150x | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 67.462 | +0.096% | $3.5M | $5.8M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 67.350 | −0.071% | $2.8M | $1.2M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.600 | +0.300% | $215K | $73K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.490 | +0.137% | $2.9M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.520 | +0.182% | $694K | $121K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.500 | +0.152% | $1.7M | $211K | 75x | as long as short |
| BingX QNT-USDT | +0.0163% | 8h | 67.470 | +0.108% | — | $2.4M | — | as long as short |
Injective QNT/USDC PERP
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Bybit QNTUSDT
Gate QNT_USDT
MEXC 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 67.430 | +0.048% | $182K | $255K | 75x | as long as short |
| Kraken Futures PF_QNTUSDlong | +4.0228% | 1h | 67.398 | long leg | $38K | $62K | 10x |
BloFin QNT-USDT