Funding you earn now, next payment 00:00 UTC+3.0891%/8h= +3382.6% APRpaid last 24h +2.929%
Price spread now: Kraken Futures against Binance−0.038%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+3.498%+$350 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$927 a day). At the pace of the last 7 days (+3.498% in total) that is about 2 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 3.498% in total (about 182.4% a year). A funding rate is set anew for every payment. 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 QNTUSDT | 67.097 | 0.0100 | pay 0.0100% / 8h | 43m 56s | $3.7M | $6.7M | 75x |
| Short | Kraken Futures PF_QNTUSD | 67.072 | 3.0991 | get 0.3874% / 1h | 43m 56s | $38K | $62K | 10x |
Binance QNTUSDT
Kraken Futures PF_QNTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $6,487.21
- Price spread: −0.038% → 0.000%
- −$3.77
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $6,463.44
- Costs to cover
- 0.200%
- Break-even
- 0.0 days
Slippage unknown: Binance: live order book, 10 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 0.75 bp | 20.7 bp −$21 | 76.2 bp −$762 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
QNT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective QNT/USDC PERP | −0.0391% | 1h | 67.140 | +0.064% | — | $115K | 5.5x | as long as short |
| Variational Omni QNT | −0.0203% | 8h | 66.967 | −0.195% | $64K | $109K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.115 | +0.027% | $137 | — | 150x | as long as short |
| Binance QNTUSDTlong | +0.0100% | 8h | 67.097 | long leg | $3.7M | $6.7M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 67.050 | −0.070% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.150 | +0.079% | $213K | $95K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.050 | −0.070% | $3.0M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.060 | −0.056% | $695K | $152K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.170 | +0.108% | $1.7M | $270K | 75x | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 67.080 | −0.026% | $188K | $261K | 75x | as long as short |
Injective QNT/USDC PERP
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BloFin QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0445% | 8h | 67.070 | −0.041% | — | $2.4M | — | as long as short |
| Kraken Futures PF_QNTUSDshort | +3.0991% | 1h | 67.072 | −0.038% | $38K | $62K | 10x |
BingX QNT-USDT