Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit+0.104%52s7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1171.166% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.104%, 7d avg +0.129%
=Funding pays, the price is against you. BloFin is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.129%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QNTUSDT | 67.480 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $2.8M | $1.2M | 75x |
| Short | BloFin QNT-USDT | 67.550 | 0.0220 | get 0.0220% / 8h | 1h 48m | $181K | $263K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $25.2
- Price spread: +0.104% → +0.129%
- −$2.52
- Slippage, 4 orders
- −$93.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.91
- Costs to cover
- 1.166%
- Break-even
- 33.1 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 28 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 Bybit live order book, 4 min ago | 3.71 bp | 35.1 bp −$35 | 173.6 bp −$1,736 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 2.21 bp | 24.9 bp −$25 | 55.4 bp −$554 | 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 | −0.0287% | 8h | 67.404 | −0.112% | $54K | $99K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.650 | +0.251% | $138 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 66.770 | −1.052% | — | $86K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.540 | +0.089% | $3.5M | $5.8M | 75x | as long as short |
| Bybit QNTUSDTlong | +0.0100% | 8h | 67.480 | long leg | $2.8M | $1.2M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 67.650 | +0.252% | $215K | $72K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.540 | +0.089% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.650 | +0.252% | $695K | $119K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.660 | +0.267% | $1.7M | $206K | 75x | as long as short |
| BloFin QNT-USDTshort | +0.0220% | 8h | 67.550 | +0.104% | $181K | $263K | 75x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0321% | 8h | 67.530 | +0.074% | — | $2.4M | — | as long as short |
| Kraken Futures PF_QNTUSD | +4.0105% | 1h | 67.450 | −0.045% | $38K | $62K | 10x | as long as short |
Bybit QNTUSDT
BloFin QNT-USDT
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BingX QNT-USDT
Kraken Futures PF_QNTUSD