Funding arb · Price arb /

QNT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Binance against gTrade (Gains Network)−0.061%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.061% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) QNT/USD	67.171	L +0.0001% / S +0.0010%	pay 0.0000% / 1h	35m 45s	$137	—	150x
Short	Binance QNTUSDT	67.130	0.0100	get 0.0100% / 8h	35m 45s	$3.7M	$7.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.061%Rate

Funding earned: $20.88
Price spread: −0.061% → 0.000%: −$6.09
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.2
Costs to cover: 0.200%
Break-even: 8.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	0.74 bp	30.0 bp −$30	78.5 bp −$785	doesn't fit	doesn't fit

gTrade (Gains Network): 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_QNTUSD	−0.0897%	1h	67.275	+0.155%	$39K	$66K	10x	as long as short
gTrade (Gains Network) QNT/USDlong	L +0.0001% / S +0.0010%	1h	67.171	long leg	$137	—	150x
Injective QNT/USDC PERP	+0.0033%	1h	67.140	−0.046%	—	$115K	5.5x	as long as short
Variational Omni QNT	+0.0085%	8h	67.037	−0.199%	$54K	$120K	—	as long as short
Binance QNTUSDTshort	+0.0100%	8h	67.130	−0.061%	$3.7M	$7.2M	75x
Bybit QNTUSDT	+0.0100%	8h	67.020	−0.225%	$2.7M	$1.6M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.190	+0.028%	$226K	$88K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	67.140	−0.046%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	67.120	−0.076%	$653K	$158K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.170	−0.001%	$1.6M	$440K	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	67.100	−0.106%	—	$2.4M	—	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.270	+0.148%	$184K	$300K	75x	as long as short