Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.030%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days−0.032%−$3 · spread now −0.030%, 7d avg −0.007%

Together, before fees+0.038%+$4 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: Bitget is 0.023% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QNTUSDT	67.510	0.0100	pay 0.0100% / 8h	7h 50m	$3.7M	$7.2M	75x
Short	Bitget QNTUSDT	67.490	0.0100	get 0.0100% / 8h	7h 50m	$1.7M	$445K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → −0.007%: −$2.3
Slippage, 4 orders: −$87.05
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$111.35
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 1 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 Binance live order book, 3 min ago	0.74 bp	23.4 bp −$23	96.3 bp −$963	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	10.38 bp	31.1 bp −$31	85.3 bp −$853	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	−0.0605%	1h	67.593	+0.122%	$38K	$65K	10x	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.565	+0.081%	$138	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	−0.548%	—	$115K	5.5x	as long as short
Binance QNTUSDTlong	+0.0100%	8h	67.510	long leg	$3.7M	$7.2M	75x
Bybit QNTUSDT	+0.0100%	8h	67.430	−0.119%	$2.8M	$1.6M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.520	+0.015%	$226K	$82K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	67.510	0.000%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	67.470	−0.059%	$656K	$158K	30x	as long as short
Bitget QNTUSDTshort	+0.0100%	8h	67.490	−0.030%	$1.7M	$445K	75x
BingX QNT-USDT	+0.0100%	8h	67.490	−0.030%	—	$2.4M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni QNT	+0.0100%	8h	67.399	−0.165%	$54K	$120K	—	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.480	−0.045%	$183K	$306K	75x	as long as short