Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0932%/8h= −102.1% APRpaid last 24h +3.357%

Price spread now: Kraken Futures against Bitget+0.124%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+3.042%+$304 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. Kraken Futures is 0.124% dearer against Bitget than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +3.042%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget QNTUSDT	66.650	0.0100	pay 0.0100% / 8h	4h 16m	$1.6M	$379K	75x
Short	Kraken Futures PF_QNTUSD	66.733	−0.0832	pay 0.0104% / 1h	16m 20s	$38K	$65K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Kraken FuturesbpOrdersPrice spread, now +0.124%Rate

Funding earned: −$195.81
Price spread: +0.124% → 0.000%: $12.42
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$205.39
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, just now; 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 Bitget live order book, just now	7.50 bp	30.6 bp −$31	119.5 bp −$1,195	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
Kraken Futures PF_QNTUSDshort	−0.0832%	1h	66.733	+0.124%	$38K	$65K	10x
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	66.700	+0.075%	$136	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	+0.735%	—	$115K	5.5x	as long as short
Binance QNTUSDT	+0.0100%	8h	66.651	+0.002%	$3.7M	$6.7M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	66.550	−0.150%	$2.7M	$1.5M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	66.690	+0.060%	$215K	$92K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	66.660	+0.015%	$2.8M	$1.3M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	66.690	+0.060%	$659K	$160K	30x	as long as short
Bitget QNTUSDTlong	+0.0100%	8h	66.650	long leg	$1.6M	$379K	75x
Variational Omni QNT	+0.0100%	8h	66.518	−0.199%	$53K	$119K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QNT-USDT	+0.0220%	8h	66.620	−0.045%	$188K	$285K	75x	as long as short
BingX QNT-USDT	+0.0430%	8h	66.620	−0.045%	—	$2.4M	—	as long as short