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: Binance against MEXC+0.045%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$500.503% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.042%−$4 · spread now +0.045%, 7d avg +0.002%

Together, before fees−0.041%−$4 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: Binance is 0.043% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC QNT_USDT	67.030	0.0100	pay 0.0100% / 8h	1h 06m	$2.9M	$1.4M	200x
Short	Binance QNTUSDT	67.060	0.0100	get 0.0100% / 8h	1h 06m	$3.7M	$6.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.002%: $4.32
Slippage, 4 orders: −$36.27
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.95
Costs to cover: 0.503%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 2 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 MEXC live order book, 6 min ago	0.75 bp	2.7 bp −$3	27.0 bp −$270	91.8 bp −$9,182	doesn't fit
Sell Binance live order book, 2 min ago	1.49 bp	25.4 bp −$25	94.8 bp −$948	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	−0.0243%	8h	66.951	−0.118%	$64K	$109K	—	as long as short
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.137	+0.160%	$137	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	+0.164%	—	$115K	5.5x	as long as short
Binance QNTUSDTshort	+0.0100%	8h	67.060	+0.045%	$3.7M	$6.8M	75x
Bybit QNTUSDT	+0.0100%	8h	66.990	−0.060%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.110	+0.119%	$213K	$96K	25x	as long as short
MEXC QNT_USDTlong	+0.0100%	8h	67.030	long leg	$2.9M	$1.4M	200x
KuCoin QNTUSDTM	+0.0100%	8h	67.030	0.000%	$701K	$153K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.140	+0.164%	$1.7M	$266K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	66.940	−0.134%	$189K	$259K	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	67.040	+0.015%	—	$2.4M	—	as long as short
Kraken Futures PF_QNTUSD	+4.0265%	1h	67.181	+0.226%	$38K	$64K	10x	as long as short