Funding you earn now, next payment 23:00 UTC−3.9985%/8h= −4378.3% APRpaid last 24h −2.418%
Price spread now: Bitget against Kraken Futures−0.257%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.954%−$295 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1,200 a day on $10k at the current rate, and Bitget is 0.257% cheaper against Kraken Futures than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.954% in total (about -154.0% 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 | 67.483 | 4.0085 | pay 0.5011% / 1h | 37m 48s | $37K | $62K | 10x |
| Short | Bitget QNTUSDT | 67.310 | 0.0100 | get 0.0100% / 8h | 1h 37m | $1.7M | $259K | 75x |
Kraken Futures PF_QNTUSD
Bitget QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$8,396.76
- Price spread: −0.257% → 0.000%
- −$25.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$8,444.44
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 8.20 bp | 86.0 bp −$86 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | −0.0275% | 8h | 66.987 | −0.735% | $54K | $99K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.323 | −0.238% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 66.770 | −1.057% | — | $86K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.220 | −0.390% | $3.8M | $6.8M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.150 | −0.494% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.230 | −0.375% | $213K | $95K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.210 | −0.405% | $2.9M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.240 | −0.361% | $703K | $153K | 30x | as long as short |
| Bitget QNTUSDTshort | +0.0100% | 8h | 67.310 | −0.257% | $1.7M | $259K | 75x | |
| BloFin QNT-USDT | +0.0220% | 8h | 67.170 | −0.464% | $183K | $259K | 75x | as long as short |
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
BloFin QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0353% | 8h | 67.190 | −0.435% | — | $2.4M | — | as long as short |
| Kraken Futures PF_QNTUSDlong | +4.0085% | 1h | 67.483 | long leg | $37K | $62K | 10x |
BingX QNT-USDT