Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bybit+0.104%7-day average +0.167% · you sell dearer than you buy

Net, funding: paid 7d − costs−$352as in the Funding arb table

Net, price: spread back to 7d avg − costs−$352as in the Price arb table

costs, in and out, $10k−$3463.457% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.104%, 7d avg +0.167%

Together, before fees−0.025%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.063% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.167%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QNTUSDT	67.560	0.0100	pay 0.0100% / 8h	1h 04m	$2.8M	$1.6M	75x
Short	Gate QNT_USDT	67.630	0.0100	get 0.0100% / 8h	1h 04m	$223K	$83K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.167%: −$6.32
Slippage, 4 orders: −$319.68
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$352
Costs to cover: 3.457%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 32 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, 3 min ago	6.65 bp	46.6 bp −$47	556.6 bp −$5,566	doesn't fit	doesn't fit
Sell Gate live order book, 32 min ago	34.22 bp	143.5 bp −$144	doesn't fit	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	−0.0746%	1h	67.662	+0.151%	$39K	$66K	10x	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.705	+0.215%	$138	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	−0.622%	—	$115K	5.5x	as long as short
Variational Omni QNT	+0.0068%	8h	67.633	+0.108%	$54K	$120K	—	as long as short
Binance QNTUSDT	+0.0100%	8h	67.562	+0.004%	$3.7M	$7.1M	75x	as long as short
Bybit QNTUSDTlong	+0.0100%	8h	67.560	long leg	$2.8M	$1.6M	75x
Gate QNT_USDTshort	+0.0100%	8h	67.630	+0.104%	$223K	$83K	25x
MEXC QNT_USDT	+0.0100%	8h	67.600	+0.059%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	67.710	+0.222%	$658K	$159K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.580	+0.030%	$1.6M	$433K	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-USDT	+0.0100%	8h	67.630	+0.104%	—	$2.4M	—	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.690	+0.192%	$185K	$300K	75x	as long as short