Funding you earn now, next payment 08:00 UTC−0.0585%/8h= −64.1% APRnext payment −$5.85 per $10,000 · paid last 24h −0.064%
Price spread now: Binance against BingX0.000%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now 0.000%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Binance is 0.050% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.85 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 | BingX QNT-USDT | 66.750 | 0.0685 | pay 0.0685% / 8h | 5h 12m | — | $2.4M | — |
| Short | Binance QNTUSDT | 66.750 | 0.0100 | get 0.0100% / 8h | 5h 12m | $3.8M | $6.7M | 75x |
BingX QNT-USDT
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$122.85
- Price spread: 0.000% → +0.050%
- −$5
- Slippage, 4 orders
- −$101.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$249.76
- Costs to cover
- 1.219%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 11 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 BingX live order book, 2 min ago | 7.49 bp | 30.2 bp −$30 | 79.3 bp −$793 | 530.1 bp −$53.0K | 918.3 bp −$459.2K |
| Sell Binance live order book, 11 min ago | 1.49 bp | 31.1 bp −$31 | 113.6 bp −$1,136 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QNTUSD | −0.0535% | 1h | 66.849 | +0.148% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.873 | +0.185% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.584% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 66.750 | 0.000% | $3.8M | $6.7M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 66.700 | −0.075% | $2.8M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.890 | +0.210% | $216K | $98K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.760 | +0.015% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.850 | +0.150% | $680K | $146K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.800 | +0.075% | $1.6M | $378K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.832 | +0.123% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 66.760 | +0.015% | $189K | $286K | 75x | as long as short |
| BingX QNT-USDTlong | +0.0685% | 8h | 66.750 | long leg | — | $2.4M | — |
BloFin QNT-USDT