Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit+0.222%7-day average +0.131% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1061.059% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days−0.148%−$15 · spread now +0.222%, 7d avg +0.131%

Together, before fees−0.219%−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.091% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.131%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QNTUSDT	67.570	0.0100	pay 0.0100% / 8h	52m 21s	$2.8M	$1.6M	75x
Short	MEXC QNT_USDT	67.720	0.0100	get 0.0100% / 8h	52m 21s	$3.0M	$1.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now +0.222%Rate

Funding earned: $0
Price spread: +0.222% → +0.131%: $9.09
Slippage, 4 orders: −$90.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$96.84
Costs to cover: 1.059%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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 Bybit live order book, 5 min ago	3.70 bp	50.4 bp −$50	629.7 bp −$6,297	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.74 bp	2.9 bp −$3	36.3 bp −$363	105.6 bp −$10.6K	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
Kraken Futures PF_QNTUSD	−0.0890%	1h	67.820	+0.370%	$39K	$66K	10x	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.772	+0.299%	$138	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	−0.636%	—	$115K	5.5x	as long as short
Variational Omni QNT	+0.0069%	8h	67.443	−0.189%	$54K	$120K	—	as long as short
Binance QNTUSDT	+0.0100%	8h	67.720	+0.222%	$3.7M	$7.1M	75x	as long as short
Bybit QNTUSDTlong	+0.0100%	8h	67.570	long leg	$2.8M	$1.6M	75x
Gate QNT_USDT	+0.0100%	8h	67.770	+0.296%	$226K	$85K	25x	as long as short
MEXC QNT_USDTshort	+0.0100%	8h	67.720	+0.222%	$3.0M	$1.4M	200x
KuCoin QNTUSDTM	+0.0100%	8h	67.770	+0.296%	$659K	$158K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.750	+0.266%	$1.7M	$432K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX QNT-USDT	+0.0100%	8h	67.690	+0.178%	—	$2.4M	—	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.730	+0.237%	$185K	$300K	75x	as long as short