Funding you earn now, next payment 02:00 UTC+0.1424%/8h= +155.9% APRnext payment +$1.78 per $10,000 · paid last 24h −0.014%
Price spread now: tradeXYZ against Arcus−0.129%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.129% cheaper against Arcus than usual: you would sell low and buy high (spread −0.129% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 7 hours of funding at the current rate (+$43 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus QNT-USD | 52.020 | 0.0040 | pay 0.0005% / 1h | 57m 37s | $3K | $4K | 10x |
| Short | tradeXYZ xyz:QNT | 51.953 | 0.1464 | get 0.0183% / 1h | 57m 37s | $1.2M | $338K | 10x |
Arcus QNT-USD
tradeXYZ xyz:QNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $299.04
- Price spread: −0.129% → 0.000%
- −$12.88
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $263.66
- Costs to cover
- 0.225%
- Break-even
- 0.8 days
Slippage unknown: Arcus: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 5.67 bp | 32.9 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter QNT | +0.0032% | 1h | 51.370 | −1.250% | — | — | 5x | as long as short |
| Arcus QNT-USDlong | +0.0040% | 1h | 52.020 | long leg | $3K | $4K | 10x | |
| OKX QNT-USDT-SWAP | +0.1217% | 8h | 52.140 | +0.231% | $752K | $304K | 20x | as long as short |
| tradeXYZ xyz:QNTshort | +0.1464% | 1h | 51.953 | −0.129% | $1.2M | $338K | 10x | |
| Extended QNT-USD | +0.2264% | 1h | 51.948 | −0.138% | $11K | $158K | 10x | as long as short |
Lighter QNT
OKX QNT-USDT-SWAP
Extended QNT-USD