Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0634%/8h= −69.4% APRpaid last 24h +3.386%

Price spread now: Kraken Futures against Variational Omni+0.322%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Kraken Futures

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Kraken Futures is 0.322% dearer against Variational Omni than usual: you sell high and buy low (spread +0.322% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni QNT	66.791	0.0100	pay 0.0100% / 8h	5h 30m	$53K	$119K	—
Short	Kraken Futures PF_QNTUSD	67.006	−0.0534	pay 0.0067% / 1h	30m 43s	$38K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.322%Rate

Funding earned: −$133.18
Price spread: +0.322% → 0.000%: $32.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$111.02
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 48 min ago; Kraken Futures: no order-book sample. 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 Variational Omni RFQ quote, 48 min ago	6.50 bp	doesn't fit	178.5 bp −$1,785	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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
Kraken Futures PF_QNTUSDshort	−0.0534%	1h	67.006	+0.322%	$38K	$64K	10x
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	66.941	+0.223%	$136	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	+0.522%	—	$115K	5.5x	as long as short
Binance QNTUSDT	+0.0100%	8h	66.907	+0.173%	$3.8M	$6.8M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	66.840	+0.073%	$2.8M	$1.5M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	66.980	+0.283%	$216K	$97K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	66.900	+0.163%	$3.0M	$1.3M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	66.950	+0.238%	$683K	$150K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	66.880	+0.133%	$1.6M	$378K	75x	as long as short
Variational Omni QNTlong	+0.0100%	8h	66.791	long leg	$53K	$119K	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin QNT-USDT	+0.0220%	8h	66.910	+0.178%	$189K	$285K	75x	as long as short
BingX QNT-USDT	+0.0755%	8h	66.860	+0.103%	—	$2.4M	—	as long as short