Settings8H · net · $10k
Funding arb · Price arb /

QNT

all QNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Bybit+0.104%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1401.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 7 days−0.112%−$11 · spread now +0.104%, 7d avg +0.078%
Together, before fees−0.255%−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.078%. Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit QNTUSDT67.3400.0100pay 0.0100% / 8h2h 00m$2.8M$1.2M75x
ShortBingX QNT-USDT67.4100.0237get 0.0237% / 8h2h 00m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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

Funding earned
$28.77
Price spread: +0.104% → +0.078%
$2.63
Slippage, 4 orders
−$118.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$108.26
Costs to cover
1.397%
Break-even
33.3 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.71 bp41.4 bp −$41180.6 bp −$1,806doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago5.93 bp21.4 bp −$2156.6 bp −$566432.4 bp −$43.2K832.2 bp −$416.1K

QNT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective QNT/USDC PERP−0.0384%1h66.770−0.846%$86K5.5xas long as short
Variational Omni QNT−0.0299%8h67.472+0.196%$54K$99Kas long as short
gTrade (Gains Network) QNT/USDL +0.0001% / S +0.0010%1h67.543+0.302%$138150xas long as short
Binance QNTUSDT+0.0100%8h67.442+0.152%$3.5M$5.8M75xas long as short
Bybit QNTUSDTlong+0.0100%8h67.340long leg$2.8M$1.2M75x
Gate QNT_USDT+0.0100%8h67.570+0.342%$215K$73K25xas long as short
MEXC QNT_USDT+0.0100%8h67.450+0.163%$2.9M$1.4M200xas long as short
KuCoin QNTUSDTM+0.0100%8h67.470+0.193%$693K$121K30xas long as short
Bitget QNTUSDT+0.0100%8h67.500+0.238%$1.7M$210K75xas long as short
BloFin QNT-USDT+0.0220%8h67.410+0.104%$182K$255K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX QNT-USDTshort+0.0237%8h67.410+0.104%$2.4M
Kraken Futures PF_QNTUSD+4.0260%1h67.344+0.006%$38K$62K10xas long as short