Funding you earn now, next payment 08:00 UTC−0.1269%/8h= −138.9% APRnext payment −$12.69 per $10,000 · paid last 24h −0.133%
Price spread now: Bybit against Binance+0.062%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2972.971% of the position
Funding, last 7 days−0.315%−$32 on $10k
+Price spread, last 2 days (all we have)−0.173%−$17 · spread now +0.062%, 7d avg +0.004%
=The price spread pays, funding is against you. Bybit is 0.058% dearer against Binance than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.004%): +$6 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.315% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.315% in total (about -16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.69 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 | Binance QNTXUSDT | 51.458 | 0.1269 | pay 0.1269% / 8h | 3h 01m | $813K | $893K | 10x |
| Short | Bybit QNTXUSDT | 51.490 | 0 | get 0.0000% / 8h | 3h 01m | $425K | $354K | 25x |
Binance QNTXUSDT
Bybit QNTXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$266.45
- Price spread: +0.062% → +0.004%
- $5.81
- Slippage, 4 orders
- −$276.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$557.77
- Costs to cover
- 2.971%
- Break-even
- never at this rate
Slippage from Binance: live order book, 46 min ago; Bybit: live order book, 43 min ago.
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 Binance live order book, 46 min ago | 4.84 bp | 40.3 bp −$40 | 135.6 bp −$1,356 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 5.80 bp | 111.9 bp −$112 | 195.8 bp −$1,958 | doesn't fit | doesn't fit |
QNTX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster QNTXUSDT | 0.0000% | 8h | 51.544 | +0.166% | $10K | $23K | 20x | as long as short |
| Bybit QNTXUSDTshort | 0.0000% | 8h | 51.490 | +0.062% | $425K | $354K | 25x | |
| Gate QNTX_USDT | 0.0000% | 8h | 51.640 | +0.353% | $92K | $19K | 20x | as long as short |
| SunX QNTX-USDT | 0.0000% | 8h | 51.460 | +0.003% | $912 | $467K | 10x | as long as short |
| HTX QNTX-USDT | 0.0000% | 8h | 51.490 | +0.062% | $7K | $4K | 10x | as long as short |
| KuCoin QNTXUSDTM | +0.0515% | 8h | 51.420 | −0.074% | $86K | $41K | 20x | as long as short |
| GRVT QNTX_USDT_Perp | +0.0658% | 8h | 51.450 | −0.016% | $640 | $158K | 10x | as long as short |
| Variational Omni QNTX | +0.0967% | 8h | 51.491 | +0.064% | $57K | $8K | — | as long as short |
| Binance QNTXUSDTlong | +0.1269% | 8h | 51.458 | long leg | $813K | $893K | 10x |
Aster QNTXUSDT
Gate QNTX_USDT
SunX QNTX-USDT
HTX QNTX-USDT
KuCoin QNTXUSDTM
GRVT QNTX_USDT_Perp
Variational Omni QNTX