Settings8H · net · $10k
Funding arb · Price arb /

QNT

all QNT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin QNTUSDTM67.6700.0100pay 0.0100% / 8h1h 46m$695K$119K30x
ShortBingX QNT-USDT67.5400.0345get 0.0345% / 8h1h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 27 min ago16.98 bp101.6 bp −$102250.0 bp −$2,500doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago7.40 bp31.8 bp −$3261.1 bp −$611413.0 bp −$41.3K812.9 bp −$406.4K

QNT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni QNT−0.0287%8h67.404−0.393%$54K$99Kas long as short
gTrade (Gains Network) QNT/USDL +0.0001% / S +0.0010%1h67.664−0.009%$138150xas long as short
Injective QNT/USDC PERP+0.0033%1h66.770−1.330%$86K5.5xas long as short
Binance QNTUSDT+0.0100%8h67.590−0.118%$3.5M$5.8M75xas long as short
Bybit QNTUSDT+0.0100%8h67.460−0.310%$2.8M$1.2M75xas long as short
Gate QNT_USDT+0.0100%8h67.660−0.015%$215K$72K25xas long as short
MEXC QNT_USDT+0.0100%8h67.590−0.118%$2.9M$1.3M200xas long as short
KuCoin QNTUSDTMlong+0.0100%8h67.670long leg$695K$119K30x
Bitget QNTUSDT+0.0100%8h67.570−0.148%$1.6M$209K75xas long as short
BloFin QNT-USDT+0.0220%8h67.530−0.207%$181K$262K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX QNT-USDTshort+0.0345%8h67.540−0.192%$2.4M
Kraken Futures PF_QNTUSD+4.0093%1h67.469−0.297%$38K$62K10xas long as short