Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC−0.105%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.105%, 7d avg −0.007%
=Funding pays, the price is against you. BloFin is 0.098% cheaper against MEXC than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.007%). If the spread goes back, that is −$10 on $10k: about 2.7 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC QNT_USDT | 66.800 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $2.9M | $1.3M | 200x |
| Short | BloFin QNT-USDT | 66.730 | 0.0220 | get 0.0220% / 8h | 2h 54m | $187K | $285K | 75x |
MEXC QNT_USDT
BloFin QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $25.2
- Price spread: −0.105% → −0.007%
- −$9.82
- Slippage, 4 orders
- −$43.1
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.72
- Costs to cover
- 0.591%
- Break-even
- 19.1 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 35 min ago.
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 MEXC live order book, 2 min ago | 2.25 bp | 4.4 bp −$4 | 8.6 bp −$86 | 60.8 bp −$6,076 | 232.1 bp −$116.0K |
| Sell BloFin live order book, 35 min ago | 0.75 bp | 23.8 bp −$24 | 75.8 bp −$758 | doesn't fit | doesn't fit |
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_QNTUSD | −0.0628% | 1h | 66.886 | +0.129% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.852 | +0.077% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.509% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.795 | −0.007% | $3.7M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.670 | −0.195% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.890 | +0.135% | $217K | $79K | 25x | as long as short |
| MEXC QNT_USDTlong | +0.0100% | 8h | 66.800 | long leg | $2.9M | $1.3M | 200x | |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.680 | −0.180% | $655K | $157K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.870 | +0.105% | $1.6M | $422K | 75x | as long as short |
| BingX QNT-USDT | +0.0100% | 8h | 66.720 | −0.120% | — | $2.4M | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | +0.0100% | 8h | 66.688 | −0.167% | $53K | $119K | — | as long as short |
| BloFin QNT-USDTshort | +0.0220% | 8h | 66.730 | −0.105% | $187K | $285K | 75x |
Variational Omni QNT