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

QNT

RWAall QNT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0800%/8h= −87.6% APRnext payment $1.00 per $10,000 · paid last 24h −0.088%
Price spread now: tradeXYZ against Extended+0.009%7-day average −0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.009%, 7d avg −0.051%
Together, before fees−0.031%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.060% dearer against Extended than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.051%): +$6 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.025% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended QNT-USD51.9480.2264pay 0.0283% / 1h57m 36s$11K$158K10x
ShorttradeXYZ xyz:QNT51.9530.1464get 0.0183% / 1h57m 36s$1.2M$338K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. 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
−$167.94
Price spread: +0.009% → −0.051%
$5.99
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$184.95
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 8 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 8 min ago10.10 bp54.2 bp −$54440.4 bp −$4,404doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago5.67 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit

QNT on 5 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
Lighter QNT+0.0032%1h51.370−1.113%5xas long as short
Arcus QNT-USD+0.0040%1h52.020+0.138%$3K$4K10xas long as short
OKX QNT-USDT-SWAP+0.1217%8h52.140+0.369%$752K$304K20xas long as short
tradeXYZ xyz:QNTshort+0.1464%1h51.953+0.009%$1.2M$338K10x
Extended QNT-USDlong+0.2264%1h51.948long leg$11K$158K10x