Funding you earn now, next payment 03:00 UTC+0.0635%/8h= +69.6% APRpaid last 24h −3.346%
Price spread now: Bybit against Kraken Futures−0.260%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−3.064%−$306 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.260% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.260% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 33 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −3.064%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_QNTUSD | 66.874 | −0.0535 | get 0.0067% / 1h | 13m 54s | $38K | $64K | 10x |
| Short | Bybit QNTUSDT | 66.700 | 0.0100 | get 0.0100% / 8h | 5h 13m | $2.8M | $1.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $133.4
- Price spread: −0.260% → 0.000%
- −$25.96
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $86.44
- Costs to cover
- 0.210%
- Break-even
- 2.5 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 5.24 bp | 51.3 bp −$51 | 185.2 bp −$1,852 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QNTUSDlong | −0.0535% | 1h | 66.874 | long leg | $38K | $64K | 10x | |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.892 | +0.027% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.398% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.781 | −0.139% | $3.8M | $6.7M | 75x | as long as short |
| Bybit QNTUSDTshort | +0.0100% | 8h | 66.700 | −0.260% | $2.8M | $1.5M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 66.930 | +0.084% | $216K | $98K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.790 | −0.125% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.850 | −0.035% | $680K | $146K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.880 | +0.010% | $1.6M | $378K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.832 | −0.062% | $53K | $119K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 66.860 | −0.020% | $190K | $287K | 75x | as long as short |
| BingX QNT-USDT | +0.0685% | 8h | 66.810 | −0.095% | — | $2.4M | — | as long as short |
Kraken Futures PF_QNTUSD
Bybit QNTUSDT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Variational Omni QNT
BloFin QNT-USDT
BingX QNT-USDT