Settings8H · net · $10k
Funding arb · Price arb /

QNT

all QNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.045%7-day average −0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3443.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.255%−$25 · spread now +0.045%, 7d avg −0.161%
Together, before fees−0.255%−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.206% dearer against KuCoin than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QNTUSDTM66.7600.0100pay 0.0100% / 8h3h 30m$659K$158K30x
ShortBybit QNTUSDT66.7900.0100get 0.0100% / 8h3h 30m$2.7M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.045% → −0.161%
$20.55
Slippage, 4 orders
−$321.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$323.66
Costs to cover
3.442%
Break-even
never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 44 min ago20.28 bp119.9 bp −$120doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.74 bp47.6 bp −$48176.7 bp −$1,767doesn't fitdoesn't fit

QNT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_QNTUSD−0.0420%1h67.010+0.374%$38K$64K10xas long as short
gTrade (Gains Network) QNT/USDL +0.0001% / S +0.0010%1h66.971+0.315%$137150xas long as short
Injective QNT/USDC PERP+0.0033%1h67.140+0.569%$115K5.5xas long as short
Binance QNTUSDT+0.0100%8h66.860+0.150%$3.7M$6.7M75xas long as short
Bybit QNTUSDTshort+0.0100%8h66.790+0.045%$2.7M$1.5M75x
Gate QNT_USDT+0.0100%8h66.990+0.345%$216K$78K25xas long as short
MEXC QNT_USDT+0.0100%8h66.900+0.210%$2.9M$1.3M200xas long as short
KuCoin QNTUSDTMlong+0.0100%8h66.760long leg$659K$158K30x
Bitget QNTUSDT+0.0100%8h66.900+0.210%$1.6M$392K75xas long as short
Variational Omni QNT+0.0100%8h66.833+0.110%$53K$119Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin QNT-USDT+0.0220%8h66.880+0.180%$188K$286K75xas long as short
BingX QNT-USDT+0.0231%8h66.840+0.120%$2.4Mas long as short