Funding you earn now, next payment 01:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −3.321%
Price spread now: Binance against Kraken Futures−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.810%−$381 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.027% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_QNTUSD | 66.628 | 0.0210 | pay 0.0026% / 1h | 50m 33s | $38K | $64K | 10x |
| Short | Binance QNTUSDT | 66.610 | 0.0100 | get 0.0100% / 8h | 7h 50m | $3.8M | $6.9M | 75x |
Kraken Futures PF_QNTUSD
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$23.17
- Price spread: −0.027% → 0.000%
- −$2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$45.84
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.75 bp | 26.2 bp −$26 | 108.0 bp −$1,080 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | −0.0091% | 8h | 66.515 | −0.170% | $58K | $114K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.648 | +0.030% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.769% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 66.610 | −0.027% | $3.8M | $6.9M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 66.530 | −0.147% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.630 | +0.003% | $212K | $98K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.540 | −0.132% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.550 | −0.117% | $690K | $157K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.670 | +0.063% | $1.6M | $312K | 75x | as long as short |
| Kraken Futures PF_QNTUSDlong | +0.0210% | 1h | 66.628 | long leg | $38K | $64K | 10x |
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 66.580 | −0.072% | $188K | $260K | 75x | as long as short |
| BingX QNT-USDT | +0.0744% | 8h | 66.640 | +0.018% | — | $2.4M | — | as long as short |
BloFin QNT-USDT
BingX QNT-USDT