Funding you earn now, next payment 08:00 UTC+0.0891%/8h= +97.6% APRnext payment +$8.91 per $10,000 · paid last 24h +0.064%
Price spread now: BingX against KuCoin−0.030%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2892.888% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.030%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and BingX is 0.038% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QNTUSDTM | 66.090 | 0.0100 | pay 0.0100% / 8h | 6h 17m | $669K | $149K | 30x |
| Short | BingX QNT-USDT | 66.070 | 0.0991 | get 0.0991% / 8h | 6h 17m | — | $2.4M | — |
KuCoin QNTUSDTM
BingX QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $187.11
- Price spread: −0.030% → −0.068%
- $3.77
- Slippage, 4 orders
- −$266.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$97.95
- Costs to cover
- 2.888%
- Break-even
- 10.7 days
Slippage from KuCoin: live order book, 21 min ago; BingX: live order book, 2 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 KuCoin live order book, 21 min ago | 21.22 bp | 125.2 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.05 bp | 36.6 bp −$37 | 94.2 bp −$942 | 437.0 bp −$43.7K | 826.6 bp −$413.3K |
QNT on 11 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 | −0.0238% | 1h | 66.097 | +0.010% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.069 | −0.032% | $135 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +1.589% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.051 | −0.060% | $3.8M | $6.9M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.020 | −0.106% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.210 | +0.182% | $213K | $98K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.060 | −0.045% | $3.0M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTMlong | +0.0100% | 8h | 66.090 | long leg | $669K | $149K | 30x | |
| Bitget QNTUSDT | +0.0100% | 8h | 66.180 | +0.136% | $1.6M | $377K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.103 | +0.019% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
Bitget QNTUSDT
Variational Omni QNTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDTshort | +0.0991% | 8h | 66.070 | −0.030% | — | $2.4M | — |