Funding you earn now, next payment 16:00 UTC−0.1143%/8h= −125.2% APRnext payment −$11.43 per $10,000 · paid last 24h −0.142%
Price spread now: SunX against Bybit+0.587%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$610as in the Funding arb table
Net, price: spread back to 7d avg − costs−$542as in the Price arb table
costs, in and out, $10k−$5975.975% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.244%+$24 · spread now +0.587%, 7d avg +0.034%
=The price spread pays, funding is against you. SunX is 0.553% dearer against Bybit than usual: you sell high and buy low (spread +0.587% now, against its 7-day average of +0.034%): +$55 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.123% in total) that is about 31 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.43 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 | Bybit QNTXUSDT | 51.100 | 0.1143 | pay 0.1143% / 8h | 7h 43m | $448K | $726K | 25x |
| Short | SunX QNTX-USDT | 51.400 | 0 | get 0.0000% / 8h | 7h 43m | $1K | $457K | 10x |
Bybit QNTXUSDT
SunX QNTX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- −$240.06
- Price spread: +0.587% → +0.034%
- $55.28
- Slippage, 4 orders
- −$578.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$782.26
- Costs to cover
- 5.975%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 47 min ago; SunX: live order book, 67 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 Bybit live order book, 47 min ago | 3.89 bp | 167.1 bp −$167 | 225.4 bp −$2,254 | doesn't fit | doesn't fit |
| Sell SunX live order book, 67 min ago | 48.61 bp | 158.9 bp −$159 | 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 | 51.344 | +0.478% | $10K | $23K | 20x | as long as short |
| Gate QNTX_USDT | 0.0000% | 8h | 51.250 | +0.294% | $92K | $17K | 20x | as long as short |
| Variational Omni QNTX | 0.0000% | 8h | 51.387 | +0.561% | $60K | $6K | — | as long as short |
| SunX QNTX-USDTshort | 0.0000% | 8h | 51.400 | +0.587% | $1K | $457K | 10x | |
| HTX QNTX-USDT | 0.0000% | 8h | 51.450 | +0.685% | $7K | $4K | 10x | as long as short |
| KuCoin QNTXUSDTM | +0.0100% | 8h | 51.260 | +0.313% | $85K | $66K | 20x | as long as short |
| Binance QNTXUSDT | +0.0358% | 8h | 51.230 | +0.254% | $812K | $936K | 10x | as long as short |
| Bybit QNTXUSDTlong | +0.1143% | 8h | 51.100 | long leg | $448K | $726K | 25x | |
| GRVT QNTX_USDT_Perp | +0.2376% | 8h | 51.410 | +0.607% | $774 | $146K | 10x | as long as short |
Aster QNTXUSDT
Gate QNTX_USDT
Variational Omni QNTX
HTX QNTX-USDT
KuCoin QNTXUSDTM
Binance QNTXUSDT
GRVT QNTX_USDT_Perp