Funding you earn now, next payment 06:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.179%
Price spread now: OKX against Arcus+0.234%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.234% dearer against Arcus than usual: you sell high and buy low (spread +0.234% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus QNT-USD | 51.370 | 0.0040 | pay 0.0005% / 1h | 27m 32s | $2K | $6K | 10x |
| Short | OKX QNT-USDT-SWAP | 51.490 | 0 | get 0.0000% / 8h | 2h 27m | $752K | $298K | 20x |
Arcus QNT-USD
OKX QNT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Arcus. 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
- −$8.46
- Price spread: +0.234% → 0.000%
- $23.36
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $0.4
- Costs to cover
- 0.145%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; OKX: live order book, 19 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 Arcus no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 19 min ago | 1.94 bp | 100.3 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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 5 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:QNT | −0.1476% | 1h | 51.380 | +0.019% | $1.2M | $335K | 10x | as long as short |
| OKX QNT-USDT-SWAPshort | 0.0000% | 8h | 51.490 | +0.234% | $752K | $298K | 20x | |
| Lighter QNT | +0.0032% | 1h | 51.370 | 0.000% | — | — | 5x | as long as short |
| Arcus QNT-USDlong | +0.0040% | 1h | 51.370 | long leg | $2K | $6K | 10x | |
| Extended QNT-USD | +0.0992% | 1h | 51.356 | −0.028% | $12K | $172K | 10x | as long as short |
tradeXYZ xyz:QNT
Lighter QNT
Extended QNT-USD