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: MEXC against BloFin−0.030%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 3 days (all we have)+0.375%+$38 · spread now −0.030%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QNT-USDT | 67.460 | 0.0220 | pay 0.0220% / 8h | 3h 31m | $183K | $258K | 75x |
| Short | MEXC QNT_USDT | 67.440 | 0.0100 | get 0.0100% / 8h | 3h 31m | $3.1M | $1.4M | 200x |
BloFin QNT-USDT
MEXC QNT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.030% → +0.012%
- −$4.14
- Slippage, 4 orders
- −$28.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$73.74
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; MEXC: 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, 13 min ago | 2.24 bp | 14.8 bp −$15 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.74 bp | 2.7 bp −$3 | 40.2 bp −$402 | 97.9 bp −$9,789 | 235.1 bp −$117.6K |
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 | −0.0455% | 1h | 66.770 | −1.023% | — | $86K | 5.5x | as long as short |
| Variational Omni QNT | −0.0364% | 8h | 67.086 | −0.554% | $53K | $99K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.520 | +0.089% | $138 | — | 150x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.460 | 0.000% | $3.6M | $5.8M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.370 | −0.133% | $2.8M | $1.2M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.480 | +0.030% | $215K | $71K | 25x | as long as short |
| MEXC QNT_USDTshort | +0.0100% | 8h | 67.440 | −0.030% | $3.1M | $1.4M | 200x | |
| KuCoin QNTUSDTM | +0.0100% | 8h | 67.420 | −0.059% | $705K | $121K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 67.460 | 0.000% | $1.7M | $204K | 75x | as long as short |
| BingX QNT-USDT | +0.0104% | 8h | 67.440 | −0.030% | — | $2.4M | — | as long as short |
Injective QNT/USDC PERP
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
BingX QNT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDTlong | +0.0220% | 8h | 67.460 | long leg | $183K | $258K | 75x | |
| Kraken Futures PF_QNTUSD | +3.9763% | 1h | 67.323 | −0.203% | $33K | $56K | 10x | as long as short |
Kraken Futures PF_QNTUSD