Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRnext payment −$2.34 per $10,000 · paid last 24h −0.064%
Price spread now: Binance against BingX−0.030%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.030%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.080% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.34 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 | BingX QNT-USDT | 66.990 | 0.0334 | pay 0.0334% / 8h | 3h 51m | — | $2.4M | — |
| Short | Binance QNTUSDT | 66.970 | 0.0100 | get 0.0100% / 8h | 3h 51m | $3.8M | $6.7M | 75x |
BingX QNT-USDT
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$49.14
- Price spread: −0.030% → +0.050%
- −$8.01
- Slippage, 4 orders
- −$104.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$181.38
- Costs to cover
- 1.242%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: 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 BingX live order book, 8 min ago | 5.24 bp | 30.8 bp −$31 | 78.0 bp −$780 | 542.1 bp −$54.2K | 891.6 bp −$445.8K |
| Sell Binance live order book, 2 min ago | 0.75 bp | 37.6 bp −$38 | 134.1 bp −$1,341 | 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 | −0.0420% | 1h | 67.116 | +0.188% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.112 | +0.181% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.224% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 66.970 | −0.030% | $3.8M | $6.7M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 66.930 | −0.090% | $2.8M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.120 | +0.194% | $217K | $78K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.970 | −0.030% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.940 | −0.075% | $661K | $158K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.100 | +0.164% | $1.6M | $393K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.833 | −0.234% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 67.050 | +0.090% | $188K | $287K | 75x | as long as short |
| BingX QNT-USDTlong | +0.0334% | 8h | 66.990 | long leg | — | $2.4M | — |
BloFin QNT-USDT