Funding you earn now, next payment 08:00 UTC−0.0312%/8h= −34.2% APRnext payment −$3.12 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against KuCoin+0.409%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.409% dearer against KuCoin than usual: you sell high and buy low (spread +0.409% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.053% in total) that is about 54 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.12 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 | KuCoin QNTXUSDTM | 51.380 | 0.0312 | pay 0.0312% / 8h | 2h 11m | $87K | $40K | 20x |
| Short | Bybit QNTXUSDT | 51.590 | 0 | get 0.0000% / 8h | 2h 11m | $434K | $530K | 25x |
KuCoin QNTXUSDTM
Bybit QNTXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$65.52
- Price spread: +0.409% → 0.000%
- $40.87
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$47.65
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: KuCoin: no order-book sample; Bybit: live order book, 28 min ago. 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 KuCoin no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 28 min ago | 5.82 bp | 99.9 bp −$100 | 197.1 bp −$1,971 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QNTXUSDT | 0.0000% | 8h | 51.476 | +0.186% | $10K | $23K | 20x | as long as short |
| Bybit QNTXUSDTshort | 0.0000% | 8h | 51.590 | +0.409% | $434K | $530K | 25x | |
| Gate QNTX_USDT | 0.0000% | 8h | 51.640 | +0.506% | $92K | $19K | 20x | as long as short |
| SunX QNTX-USDT | 0.0000% | 8h | 51.590 | +0.409% | $1K | $467K | 10x | as long as short |
| HTX QNTX-USDT | 0.0000% | 8h | 51.510 | +0.253% | $7K | $4K | 10x | as long as short |
| KuCoin QNTXUSDTMlong | +0.0312% | 8h | 51.380 | long leg | $87K | $40K | 20x | |
| GRVT QNTX_USDT_Perp | +0.0429% | 8h | 51.460 | +0.156% | $358 | $155K | 10x | as long as short |
| Variational Omni QNTX | +0.0612% | 8h | 51.402 | +0.042% | $57K | $8K | — | as long as short |
| Binance QNTXUSDT | +0.0894% | 8h | 51.590 | +0.410% | $815K | $917K | 10x | as long as short |
Aster QNTXUSDT
Gate QNTX_USDT
SunX QNTX-USDT
HTX QNTX-USDT
GRVT QNTX_USDT_Perp
Variational Omni QNTX
Binance QNTXUSDT