Funding you earn now, next payment 00:00 UTC+0.0245%/8h= +26.8% APRnext payment +$2.45 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against KuCoin−0.192%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$2872.874% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.192%, 7d avg −0.072%
=Funding pays, the price is against you. BingX is 0.121% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.192% now, against its 7-day average of −0.072%). If the spread goes back, that is −$12 on $10k: about 39 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QNTUSDTM | 67.670 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $695K | $119K | 30x |
| Short | BingX QNT-USDT | 67.540 | 0.0345 | get 0.0345% / 8h | 1h 46m | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $51.45
- Price spread: −0.192% → −0.072%
- −$12.05
- Slippage, 4 orders
- −$265.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$247.99
- Costs to cover
- 2.874%
- Break-even
- 40.7 days
Slippage from KuCoin: live order book, 27 min ago; BingX: live order book, 3 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 KuCoin live order book, 27 min ago | 16.98 bp | 101.6 bp −$102 | 250.0 bp −$2,500 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.40 bp | 31.8 bp −$32 | 61.1 bp −$611 | 413.0 bp −$41.3K | 812.9 bp −$406.4K |
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 | −0.0287% | 8h | 67.404 | −0.393% | $54K | $99K | — | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 67.664 | −0.009% | $138 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 66.770 | −1.330% | — | $86K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 67.590 | −0.118% | $3.5M | $5.8M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 67.460 | −0.310% | $2.8M | $1.2M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 67.660 | −0.015% | $215K | $72K | 25x | as long as short |
| MEXC QNT_USDT | +0.0100% | 8h | 67.590 | −0.118% | $2.9M | $1.3M | 200x | as long as short |
| KuCoin QNTUSDTMlong | +0.0100% | 8h | 67.670 | long leg | $695K | $119K | 30x | |
| Bitget QNTUSDT | +0.0100% | 8h | 67.570 | −0.148% | $1.6M | $209K | 75x | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 67.530 | −0.207% | $181K | $262K | 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-USDTshort | +0.0345% | 8h | 67.540 | −0.192% | — | $2.4M | — | |
| Kraken Futures PF_QNTUSD | +4.0093% | 1h | 67.469 | −0.297% | $38K | $62K | 10x | as long as short |
KuCoin QNTUSDTM
BingX QNT-USDT
Variational Omni QNT
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
MEXC QNT_USDT
Bitget QNTUSDT
BloFin QNT-USDT
Kraken Futures PF_QNTUSD