Funding you earn now, next payment 08:00 UTC−0.0932%/8h= −102.1% APRnext payment −$9.32 per $10,000 · paid last 24h −0.064%
Price spread now: Gate against BingX+0.119%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2632.632% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.119%, 7d avg +0.069%
=The price spread pays, funding is against you. Gate is 0.051% dearer against BingX than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.069%): +$5 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.32 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 | 67.000 | 0.1032 | pay 0.1032% / 8h | 7h 09m | — | $2.4M | — |
| Short | Gate QNT_USDT | 67.080 | 0.0100 | get 0.0100% / 8h | 7h 09m | $215K | $98K | 25x |
BingX QNT-USDT
Gate QNT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$195.72
- Price spread: +0.119% → +0.069%
- $5.07
- Slippage, 4 orders
- −$238.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$453.85
- Costs to cover
- 2.632%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 57 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, 10 min ago | 8.97 bp | 28.5 bp −$29 | 73.4 bp −$734 | 514.6 bp −$51.5K | 839.0 bp −$419.5K |
| Sell Gate live order book, 57 min ago | 26.91 bp | 103.1 bp −$103 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QNT | −0.0017% | 8h | 66.944 | −0.084% | $58K | $114K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.065 | +0.097% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.209% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.024 | +0.035% | $3.8M | $6.9M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.000 | 0.000% | $2.8M | $1.4M | 75x | as long as short |
| Gate QNT_USDTshort | +0.0100% | 8h | 67.080 | +0.119% | $215K | $98K | 25x | |
| MEXC QNT_USDT | +0.0100% | 8h | 67.060 | +0.090% | $2.8M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.990 | −0.015% | $678K | $151K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.080 | +0.119% | $1.7M | $352K | 75x | as long as short |
| Kraken Futures PF_QNTUSD | +0.0209% | 1h | 67.064 | +0.096% | $39K | $64K | 10x | as long as short |
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Kraken Futures PF_QNTUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 67.010 | +0.015% | $191K | $267K | 75x | as long as short |
| BingX QNT-USDTlong | +0.1032% | 8h | 67.000 | long leg | — | $2.4M | — |
BloFin QNT-USDT