Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.040%
Price spread now: Injective against Bybit+1.054%7-day average +0.117% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 3 days (all we have)−0.336%−$34 · spread now +1.054%, 7d avg +0.117%
=The price spread pays, funding is against you. Injective is 0.937% dearer against Bybit than usual: you sell high and buy low (spread +1.054% now, against its 7-day average of +0.117%): +$94 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QNTUSDT | 66.440 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $2.8M | $1.4M | 75x |
| Short | Injective QNT/USDC PERP | 67.140 | 0.0033 | get 0.0004% / 1h | 32m 46s | — | $115K | 5.5x |
Bybit QNTUSDT
Injective QNT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- −$14
- Price spread: +1.054% → +0.117%
- $93.71
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $68.69
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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 Bybit live order book, 4 min ago | 3.76 bp | 38.9 bp −$39 | 178.9 bp −$1,789 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0066% | 8h | 66.305 | −0.204% | $58K | $114K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.538 | +0.147% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERPshort | +0.0033% | 1h | 67.140 | +1.054% | — | $115K | 5.5x | |
| Binance QNTUSDT | +0.0100% | 8h | 66.519 | +0.118% | $3.8M | $6.9M | 75x | as long as short |
| Bybit QNTUSDTlong | +0.0100% | 8h | 66.440 | long leg | $2.8M | $1.4M | 75x | |
| Gate QNT_USDT | +0.0100% | 8h | 66.550 | +0.166% | $213K | $98K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.510 | +0.105% | $2.8M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.570 | +0.196% | $676K | $151K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.510 | +0.105% | $1.6M | $324K | 75x | as long as short |
| Kraken Futures PF_QNTUSD | +0.0211% | 1h | 66.561 | +0.182% | $38K | $64K | 10x | as long as short |
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Gate QNT_USDT
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 | 66.470 | +0.045% | $190K | $262K | 75x | as long as short |
| BingX QNT-USDT | +0.0906% | 8h | 66.490 | +0.075% | — | $2.4M | — | as long as short |
BloFin QNT-USDT
BingX QNT-USDT