Funding you earn now, next payment 03:00 UTC+0.0529%/8h= +58.0% APRnext payment +$0.66 per $10,000 · paid last 24h +0.063%
Price spread now: Arcus against tradeXYZ−0.037%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Arcus is 0.037% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:QNT | 51.799 | −0.0489 | get 0.0061% / 1h | 51m 24s | $1.2M | $336K | 10x |
| Short | Arcus QNT-USD | 51.780 | 0.0040 | get 0.0005% / 1h | 51m 24s | $3K | $4K | 10x |
tradeXYZ xyz:QNT
Arcus QNT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- $111.14
- Price spread: −0.037% → 0.000%
- −$3.67
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $84.98
- Costs to cover
- 0.225%
- Break-even
- 1.6 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; Arcus: no order-book sample. 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 tradeXYZ live order book, 6 min ago | 7.43 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
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:QNTlong | −0.0489% | 1h | 51.799 | long leg | $1.2M | $336K | 10x | |
| Lighter QNT | +0.0032% | 1h | 51.737 | −0.120% | — | — | 5x | as long as short |
| Arcus QNT-USDshort | +0.0040% | 1h | 51.780 | −0.037% | $3K | $4K | 10x | |
| OKX QNT-USDT-SWAP | +0.0883% | 8h | 51.920 | +0.234% | $752K | $304K | 20x | as long as short |
| Extended QNT-USD | +0.2184% | 1h | 51.716 | −0.160% | $8K | $155K | 10x | as long as short |
Lighter QNT
OKX QNT-USDT-SWAP
Extended QNT-USD