Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.046%
Price spread now: Binance against Injective−0.328%7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.328%, 7d avg −0.023%
=Funding pays, the price is against you. Binance is 0.305% cheaper against Injective than usual: you would sell low and buy high (spread −0.328% now, against its 7-day average of −0.023%). If the spread goes back, that is −$30 on $10k: about 15 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective QNT/USDC PERP | 67.140 | 0.0033 | pay 0.0004% / 1h | 57m 26s | — | $115K | 5.5x |
| Short | Binance QNTUSDT | 66.920 | 0.0100 | get 0.0100% / 8h | 1h 57m | $3.7M | $6.9M | 75x |
Injective QNT/USDC PERP
Binance QNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: −0.328% → −0.023%
- −$30.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.48
- Costs to cover
- 0.100%
- Break-even
- 20.2 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 11 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 1.49 bp | 22.8 bp −$23 | 98.1 bp −$981 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QNTUSD | −0.0751% | 1h | 67.174 | +0.050% | $37K | $65K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.000 | −0.209% | $137 | — | 150x | as long as short |
| Injective QNT/USDC PERPlong | +0.0033% | 1h | 67.140 | long leg | — | $115K | 5.5x | |
| Variational Omni QNT | +0.0088% | 8h | 66.913 | −0.339% | $53K | $119K | — | as long as short |
| Binance QNTUSDTshort | +0.0100% | 8h | 66.920 | −0.328% | $3.7M | $6.9M | 75x | |
| Bybit QNTUSDT | +0.0100% | 8h | 66.840 | −0.447% | $2.7M | $1.6M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.060 | −0.119% | $219K | $79K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 66.900 | −0.357% | $3.0M | $1.4M | 200x | as long as short |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.850 | −0.432% | $651K | $158K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.900 | −0.357% | $1.6M | $431K | 75x | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Variational Omni QNT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0100% | 8h | 66.860 | −0.417% | — | $2.4M | — | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 66.970 | −0.253% | $184K | $287K | 75x | as long as short |
BingX QNT-USDT
BloFin QNT-USDT