Funding you earn now, next payment 08:00 UTC−0.0465%/8h= −50.9% APRnext payment −$4.65 per $10,000 · paid last 24h −0.011%
Price spread now: GRVT against Binance−0.228%109s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2182.179% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 2 days (all we have)+0.216%+$22 · spread now −0.228%, 7d avg +0.041%
=Together, before fees+0.228%+ Points / potential airdropGRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GRVT is 0.268% cheaper against Binance than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.041%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.65 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 | 51.577 | 0.0894 | pay 0.0894% / 8h | 2h 11m | $814K | $915K | 10x |
| Short | GRVT QNTX_USDT_Perp | 51.460 | 0.0429 | get 0.0429% / 8h | 2h 11m | $358 | $155K | 10x |
Binance QNTXUSDT
GRVT QNTX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$97.63
- Price spread: −0.228% → +0.041%
- −$26.84
- Slippage, 4 orders
- −$198.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$342.36
- Costs to cover
- 2.179%
- Break-even
- never at this rate
Slippage from Binance: live order book, 21 min ago; GRVT: live order book, 35 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, 21 min ago | 2.93 bp | 61.3 bp −$61 | 234.0 bp −$2,340 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 35 min ago | 5.83 bp | 42.7 bp −$43 | doesn't fit | 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 | 51.471 | −0.207% | $10K | $23K | 20x | as long as short |
| Bybit QNTXUSDT | 0.0000% | 8h | 51.590 | +0.024% | $434K | $530K | 25x | as long as short |
| Gate QNTX_USDT | 0.0000% | 8h | 51.640 | +0.121% | $92K | $19K | 20x | as long as short |
| SunX QNTX-USDT | 0.0000% | 8h | 51.410 | −0.325% | $1K | $467K | 10x | as long as short |
| HTX QNTX-USDT | 0.0000% | 8h | 51.510 | −0.131% | $7K | $4K | 10x | as long as short |
| KuCoin QNTXUSDTM | +0.0312% | 8h | 51.380 | −0.383% | $87K | $40K | 20x | as long as short |
| GRVT QNTX_USDT_Perpshort | +0.0429% | 8h | 51.460 | −0.228% | $358 | $155K | 10x | |
| Variational Omni QNTX | +0.0612% | 8h | 51.402 | −0.341% | $57K | $8K | — | as long as short |
| Binance QNTXUSDTlong | +0.0894% | 8h | 51.577 | long leg | $814K | $915K | 10x |
Aster QNTXUSDT
Bybit QNTXUSDT
Gate QNTX_USDT
SunX QNTX-USDT
HTX QNTX-USDT
KuCoin QNTXUSDTM
Variational Omni QNTX