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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended QNT-USD | 51.948 | 0.2264 | pay 0.0283% / 1h | 57m 36s | $11K | $158K | 10x |
| Short | tradeXYZ xyz:QNT | 51.953 | 0.1464 | get 0.0183% / 1h | 57m 36s | $1.2M | $338K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 8 min ago | 10.10 bp | 54.2 bp −$54 | 440.4 bp −$4,404 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 5.67 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
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 | −1.113% | — | — | 5x | as long as short |
| Arcus QNT-USD | +0.0040% | 1h | 52.020 | +0.138% | $3K | $4K | 10x | as long as short |
| OKX QNT-USDT-SWAP | +0.1217% | 8h | 52.140 | +0.369% | $752K | $304K | 20x | as long as short |
| tradeXYZ xyz:QNTshort | +0.1464% | 1h | 51.953 | +0.009% | $1.2M | $338K | 10x | |
| Extended QNT-USDlong | +0.2264% | 1h | 51.948 | long leg | $11K | $158K | 10x |
Extended QNT-USD
tradeXYZ xyz:QNT
Lighter QNT
OKX QNT-USDT-SWAP