Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against KuCoin+0.119%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$452as in the Funding arb table

Net, price: spread back to 7d avg − costs−$432as in the Price arb table

costs, in and out, $10k−$4444.443% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.119%, 7d avg −0.004%

Together, before fees−0.288%−$29 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: Gate is 0.123% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QNTUSDTM	67.040	0.0100	pay 0.0100% / 8h	1h 03m	$701K	$153K	30x
Short	Gate QNT_USDT	67.120	0.0100	get 0.0100% / 8h	1h 03m	$213K	$96K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.119%Rate

Funding earned: $0
Price spread: +0.119% → −0.004%: $12.32
Slippage, 4 orders: −$417.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$431.98
Costs to cover: 4.443%
Break-even: never at this rate

Slippage from KuCoin: live order book, 70 min ago; Gate: live order book, 8 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, 70 min ago	16.98 bp	101.6 bp −$102	250.0 bp −$2,500	doesn't fit	doesn't fit
Sell Gate live order book, 8 min ago	25.35 bp	114.9 bp −$115	doesn't fit	doesn't fit	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
Variational Omni QNT	−0.0240%	8h	66.951	−0.133%	$64K	$109K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.108	+0.101%	$137	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	+0.149%	—	$115K	5.5x	as long as short
Binance QNTUSDT	+0.0099%	8h	67.125	+0.127%	$3.7M	$6.8M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	67.020	−0.030%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDTshort	+0.0100%	8h	67.120	+0.119%	$213K	$96K	25x
MEXC QNT_USDT	+0.0100%	8h	67.060	+0.030%	$3.0M	$1.4M	200x	as long as short
KuCoin QNTUSDTMlong	+0.0100%	8h	67.040	long leg	$701K	$153K	30x
Bitget QNTUSDT	+0.0100%	8h	67.140	+0.149%	$1.7M	$271K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.020	−0.030%	$188K	$260K	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	+0.0419%	8h	67.110	+0.104%	—	$2.4M	—	as long as short
Kraken Futures PF_QNTUSD	+4.0279%	1h	67.158	+0.176%	$38K	$64K	10x	as long as short