Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.042%

Price spread now: gTrade (Gains Network) against BingX+0.116%7-day average — · you sell dearer than you buy

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

Long on BingX Short on gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.116% dearer against BingX than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX QNT-USDT	66.950	0.0502	pay 0.0502% / 8h	20m 24s	—	$2.4M	—
Short	gTrade (Gains Network) QNT/USD	67.028	L +0.0001% / S +0.0010%	pay 0.0001% / 1h	20m 24s	$137	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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 BingXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.116%Rate

Funding earned: −$107.59
Price spread: +0.116% → 0.000%: $11.64
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$115.95
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 14 min ago; gTrade (Gains Network): 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 BingX live order book, 14 min ago	5.23 bp	20.5 bp −$20	53.9 bp −$539	492.2 bp −$49.2K	859.7 bp −$429.8K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Injective QNT/USDC PERP	−0.0391%	1h	67.140	+0.284%	—	$115K	5.5x	as long as short
Variational Omni QNT	−0.0165%	8h	66.926	−0.036%	$58K	$114K	—	as long as short
gTrade (Gains Network) QNT/USDshort	L +0.0001% / S +0.0010%	1h	67.028	+0.116%	$137	—	150x
Binance QNTUSDT	+0.0100%	8h	66.970	+0.030%	$3.7M	$6.7M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	66.900	−0.075%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	66.990	+0.060%	$213K	$95K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	66.960	+0.015%	$2.9M	$1.3M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	66.970	+0.030%	$694K	$152K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	66.970	+0.030%	$1.7M	$271K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	66.930	−0.030%	$187K	$260K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX QNT-USDTlong	+0.0502%	8h	66.950	long leg	—	$2.4M	—
Kraken Futures PF_QNTUSD	+3.0985%	1h	67.087	+0.204%	$38K	$62K	10x	as long as short