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

QNTX

RWAall QNTX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0582%/8h= −63.7% APRnext payment $5.82 per $10,000 · paid last 24h −0.104%
Price spread now: KuCoin against Binance−0.408%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.262%−$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and KuCoin is 0.408% cheaper against Binance than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.262% in total (about -13.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance QNTXUSDT51.5900.0894pay 0.0894% / 8h2h 11m$815K$917K10x
ShortKuCoin QNTXUSDTM51.3800.0312get 0.0312% / 8h2h 11m$87K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
−$122.2
Price spread: −0.408% → 0.000%
−$40.79
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$184.99
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 21 min ago; KuCoin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 21 min ago2.93 bp61.3 bp −$61234.0 bp −$2,340doesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: 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.

QNTX on 9 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
Aster QNTXUSDT0.0000%8h51.476−0.223%$10K$23K20xas long as short
Bybit QNTXUSDT0.0000%8h51.590−0.001%$434K$530K25xas long as short
Gate QNTX_USDT0.0000%8h51.640+0.096%$92K$19K20xas long as short
SunX QNTX-USDT0.0000%8h51.590−0.001%$1K$467K10xas long as short
HTX QNTX-USDT0.0000%8h51.510−0.156%$7K$4K10xas long as short
KuCoin QNTXUSDTMshort+0.0312%8h51.380−0.408%$87K$40K20x
GRVT QNTX_USDT_Perp+0.0429%8h51.460−0.253%$358$155K10xas long as short
Variational Omni QNTX+0.0612%8h51.402−0.366%$57K$8Kas long as short
Binance QNTXUSDTlong+0.0894%8h51.590long leg$815K$917K10x