Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin−0.149%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.028%+$3 · spread now −0.149%, 7d avg −0.129%
=The price spread sits at its 7-day average of −0.129%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QNT-USDT | 67.140 | 0.0220 | pay 0.0220% / 8h | 1h 15m | $189K | $260K | 75x |
| Short | Bybit QNTUSDT | 67.040 | 0.0100 | get 0.0100% / 8h | 1h 15m | $2.8M | $1.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$25.2
- Price spread: −0.149% → −0.129%
- −$2
- Slippage, 4 orders
- −$82.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$132.31
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; Bybit: 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 BloFin live order book, 61 min ago | 2.21 bp | 20.7 bp −$21 | 51.7 bp −$517 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.49 bp | 23.4 bp −$23 | 166.6 bp −$1,666 | 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 | −0.0243% | 8h | 67.087 | −0.080% | $64K | $109K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.216 | +0.114% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | 0.000% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.100 | −0.060% | $3.8M | $6.8M | 75x | as long as short |
| Bybit QNTUSDTshort | +0.0100% | 8h | 67.040 | −0.149% | $2.8M | $1.4M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 67.170 | +0.045% | $213K | $96K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.090 | −0.074% | $2.9M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.070 | −0.104% | $701K | $154K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.150 | +0.015% | $1.7M | $266K | 75x | as long as short |
| BloFin QNT-USDTlong | +0.0220% | 8h | 67.140 | long leg | $189K | $260K | 75x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0397% | 8h | 67.070 | −0.104% | — | $2.4M | — | as long as short |
| Kraken Futures PF_QNTUSD | +4.0255% | 1h | 67.197 | +0.085% | $38K | $64K | 10x | as long as short |
BloFin QNT-USDT
Bybit QNTUSDT
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BingX QNT-USDT
Kraken Futures PF_QNTUSD