Funding you earn now, next payment 00:00 UTC−0.0272%/8h= −29.8% APRnext payment −$2.72 per $10,000 · paid last 24h −0.009%
Price spread now: Bitget against BingX+0.089%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.089%, 7d avg +0.043%
=The price spread pays, funding is against you. Bitget is 0.046% dearer against BingX than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.043%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.72 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 | 67.040 | 0.0372 | pay 0.0372% / 8h | 1h 29m | — | $2.4M | — |
| Short | Bitget QNTUSDT | 67.100 | 0.0100 | get 0.0100% / 8h | 1h 29m | $1.7M | $267K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$57.12
- Price spread: +0.089% → +0.043%
- $4.61
- Slippage, 4 orders
- −$104.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$178.56
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 3 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, 5 min ago | 10.43 bp | 25.6 bp −$26 | 55.2 bp −$552 | 427.3 bp −$42.7K | 764.9 bp −$382.4K |
| Sell Bitget live order book, 3 min ago | 8.93 bp | 40.2 bp −$40 | 130.2 bp −$1,302 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | −0.0262% | 8h | 67.022 | −0.027% | $64K | $109K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.159 | +0.177% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 66.770 | −0.403% | — | $86K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.110 | +0.104% | $3.8M | $6.8M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.000 | −0.060% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.010 | −0.045% | $213K | $95K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.090 | +0.075% | $2.9M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.110 | +0.104% | $701K | $153K | 30x | as long as short |
| Bitget QNTUSDTshort | +0.0100% | 8h | 67.100 | +0.089% | $1.7M | $267K | 75x | |
| BloFin QNT-USDT | +0.0220% | 8h | 67.100 | +0.089% | $189K | $259K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDTlong | +0.0372% | 8h | 67.040 | long leg | — | $2.4M | — | |
| Kraken Futures PF_QNTUSD | +4.0306% | 1h | 67.113 | +0.109% | $38K | $65K | 10x | as long as short |
BingX QNT-USDT
Bitget QNTUSDT
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
BloFin QNT-USDT
Kraken Futures PF_QNTUSD