Funding you earn now, next payment 16:00 UTC+0.1959%/8h= +214.6% APRnext payment +$19.59 per $10,000 · paid last 24h +0.142%
Price spread now: Bybit against SunX+0.019%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$585as in the Funding arb table
Net, price: spread back to 7d avg − costs−$592as 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)−0.184%−$18 · spread now +0.019%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and Bybit is 0.056% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.037%.
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 +$19.59 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 | SunX QNTX-USDT | 51.410 | 0 | get 0.0000% / 8h | 7h 53m | $1K | $459K | 10x |
| Short | Bybit QNTXUSDT | 51.420 | 0.1959 | get 0.1959% / 8h | 7h 53m | $451K | $726K | 25x |
SunX QNTX-USDT
Bybit QNTXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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
- $411.49
- Price spread: +0.019% → −0.037%
- $5.65
- Slippage, 4 orders
- −$578.48
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$180.35
- Costs to cover
- 5.975%
- Break-even
- 10.1 days
Slippage from SunX: live order book, 58 min ago; Bybit: live order book, 37 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 SunX live order book, 58 min ago | 48.61 bp | 154.5 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 37 min ago | 3.89 bp | 117.0 bp −$117 | 194.7 bp −$1,947 | 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 | 51.395 | −0.029% | $10K | $23K | 20x | as long as short |
| Gate QNTX_USDT | 0.0000% | 8h | 51.490 | +0.156% | $92K | $17K | 20x | as long as short |
| Variational Omni QNTX | 0.0000% | 8h | 51.497 | +0.168% | $60K | $6K | — | as long as short |
| SunX QNTX-USDTlong | 0.0000% | 8h | 51.410 | long leg | $1K | $459K | 10x | |
| HTX QNTX-USDT | 0.0000% | 8h | 51.460 | +0.097% | $7K | $4K | 10x | as long as short |
| KuCoin QNTXUSDTM | +0.0100% | 8h | 51.330 | −0.156% | $85K | $54K | 20x | as long as short |
| Binance QNTXUSDT | +0.0331% | 8h | 51.408 | −0.003% | $815K | $933K | 10x | as long as short |
| GRVT QNTX_USDT_Perp | +0.1557% | 8h | 51.442 | +0.062% | $779 | $147K | 10x | as long as short |
| Bybit QNTXUSDTshort | +0.1959% | 8h | 51.420 | +0.019% | $451K | $726K | 25x |
Aster QNTXUSDT
Gate QNTX_USDT
Variational Omni QNTX
HTX QNTX-USDT
KuCoin QNTXUSDTM
Binance QNTXUSDT
GRVT QNTX_USDT_Perp