Funding you earn now, next payment 08:00 UTC+0.0678%/8h= +74.2% APRnext payment +$6.78 per $10,000 · paid last 24h +0.064%
Price spread now: BingX against Bitget−0.105%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1251.254% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.105%, 7d avg −0.044%
=Funding pays, the price is against you. BingX is 0.061% cheaper against Bitget than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.044%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.78 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 | Bitget QNTUSDT | 66.770 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $1.6M | $378K | 75x |
| Short | BingX QNT-USDT | 66.700 | 0.0778 | get 0.0778% / 8h | 5h 35m | — | $2.4M | — |
Bitget QNTUSDT
BingX QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $142.38
- Price spread: −0.105% → −0.044%
- −$6.11
- Slippage, 4 orders
- −$103.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $10.86
- Costs to cover
- 1.254%
- Break-even
- 6.5 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 13 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 Bitget live order book, 1 min ago | 9.74 bp | 26.4 bp −$26 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 6.01 bp | 32.0 bp −$32 | 87.9 bp −$879 | 415.3 bp −$41.5K | 885.5 bp −$442.7K |
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 | −0.0535% | 1h | 66.843 | +0.110% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.816 | +0.069% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.554% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.757 | −0.019% | $3.8M | $6.8M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.670 | −0.150% | $2.8M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.810 | +0.060% | $216K | $97K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.760 | −0.015% | $3.0M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.810 | +0.060% | $681K | $150K | 30x | as long as short |
| Bitget QNTUSDTlong | +0.0100% | 8h | 66.770 | long leg | $1.6M | $378K | 75x | |
| Variational Omni QNT | +0.0100% | 8h | 66.622 | −0.222% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
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 | 66.680 | −0.135% | $189K | $284K | 75x | as long as short |
| BingX QNT-USDTshort | +0.0778% | 8h | 66.700 | −0.105% | — | $2.4M | — |
BloFin QNT-USDT