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

QNT

RWAall QNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0352%/8h= +38.5% APRpaid last 24h +0.278%
Price spread now: Extended against OKX−0.259%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$352as in the Price arb table
costs, in and out, $10k−$3433.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.313%+$31 on $10k
Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.259%, 7d avg −0.167%
Together, before fees+0.434%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.093% cheaper against OKX than usual: you would sell low and buy high (spread −0.259% now, against its 7-day average of −0.167%). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.313% in total) that is about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX QNT-USDT-SWAP51.4800get 0.0000% / 8h7h 44m$776K$318K20x
ShortExtended QNT-USD51.3470.0352get 0.0044% / 1h44m 11s$15K$214K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$73.92
Price spread: −0.259% → −0.167%
−$9.26
Slippage, 4 orders
−$327.57
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$277.91
Costs to cover
3.426%
Break-even
33.3 days
Slippage from OKX: live order book, 52 min ago; Extended: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 52 min ago1.94 bp134.1 bp −$134doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 52 min ago11.39 bp60.0 bp −$60442.2 bp −$4,422doesn'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
tradeXYZ xyz:QNT−0.0420%1h51.389−0.177%$1.2M$337K10xas long as short
OKX QNT-USDT-SWAPlong0.0000%8h51.480long leg$776K$318K20x
Lighter QNT+0.0032%1h50.839−1.245%5xas long as short
Arcus QNT-USD+0.0040%1h51.340−0.272%$2K$6K10xas long as short
Extended QNT-USDshort+0.0352%1h51.347−0.259%$15K$214K10x