Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.104%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$224as in the Funding arb table

Net, price: spread back to 7d avg − costs−$217as in the Price arb table

costs, in and out, $10k−$2252.253% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.104%, 7d avg +0.021%

Together, before fees−0.165%−$16 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: Gate is 0.084% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC QNT_USDT	67.110	0.0100	pay 0.0100% / 8h	1h 42m	$2.9M	$1.4M	200x
Short	Gate QNT_USDT	67.180	0.0100	get 0.0100% / 8h	1h 42m	$214K	$94K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.021%: $8.37
Slippage, 4 orders: −$206.26
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$216.89
Costs to cover: 2.253%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 34 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, 4 min ago	1.48 bp	3.5 bp −$3	26.6 bp −$266	82.2 bp −$8,216	doesn't fit
Sell Gate live order book, 34 min ago	27.31 bp	106.2 bp −$106	doesn't fit	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
Variational Omni QNT	−0.0286%	8h	67.479	+0.549%	$54K	$99K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.212	+0.152%	$137	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	66.770	−0.507%	—	$86K	5.5x	as long as short
Binance QNTUSDT	+0.0100%	8h	67.075	−0.052%	$3.5M	$6.7M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	67.020	−0.134%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDTshort	+0.0100%	8h	67.180	+0.104%	$214K	$94K	25x
MEXC QNT_USDTlong	+0.0100%	8h	67.110	long leg	$2.9M	$1.4M	200x
KuCoin QNTUSDTM	+0.0100%	8h	67.190	+0.119%	$707K	$153K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.110	0.000%	$1.7M	$257K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.080	−0.045%	$180K	$261K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX QNT-USDT	+0.0345%	8h	67.140	+0.045%	—	$2.4M	—	as long as short
Kraken Futures PF_QNTUSD	+4.0329%	1h	67.074	−0.053%	$37K	$62K	10x	as long as short