Funding you earn now, next payment 08:00 UTC+0.0442%/8h= +48.4% APRnext payment +$4.42 per $10,000 · paid last 24h +0.028%
Price spread now: BingX against BloFin+0.015%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1201.204% of the position
Funding, last 7 days−0.245%−$24 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now +0.015%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.045% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.245%, 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 -0.245% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.42 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 | BloFin QNT-USDT | 66.710 | 0.0220 | pay 0.0220% / 8h | 5h 06m | $189K | $286K | 75x |
| Short | BingX QNT-USDT | 66.720 | 0.0662 | get 0.0662% / 8h | 5h 06m | — | $2.4M | — |
BloFin QNT-USDT
BingX QNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $92.82
- Price spread: +0.015% → −0.030%
- $4.53
- Slippage, 4 orders
- −$98.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$23.09
- Costs to cover
- 1.204%
- Break-even
- 8.7 days
Slippage from BloFin: live order book, 32 min ago; BingX: live order book, 7 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 BloFin live order book, 32 min ago | 1.50 bp | 26.4 bp −$26 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 7.49 bp | 37.0 bp −$37 | 90.1 bp −$901 | 467.6 bp −$46.8K | 876.5 bp −$438.2K |
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 | −0.0536% | 1h | 66.785 | +0.112% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.803 | +0.140% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.645% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.676 | −0.050% | $3.8M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.640 | −0.105% | $2.8M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.780 | +0.105% | $215K | $98K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.680 | −0.045% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.750 | +0.060% | $679K | $146K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.800 | +0.135% | $1.6M | $377K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.697 | −0.019% | $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
Bitget QNTUSDT
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDTlong | +0.0220% | 8h | 66.710 | long leg | $189K | $286K | 75x | |
| BingX QNT-USDTshort | +0.0662% | 8h | 66.720 | +0.015% | — | $2.4M | — |