Funding you earn now, next payment 08:00 UTC+0.0562%/8h= +61.5% APRnext payment +$5.62 per $10,000 · paid last 24h +0.064%
Price spread now: BingX against MEXC+0.060%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.060%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.109% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.049%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.018% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.62 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 | MEXC QNT_USDT | 66.680 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $2.9M | $1.3M | 200x |
| Short | BingX QNT-USDT | 66.720 | 0.0662 | get 0.0662% / 8h | 5h 06m | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $118.02
- Price spread: +0.060% → −0.049%
- $10.9
- Slippage, 4 orders
- −$58.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $56.17
- Costs to cover
- 0.727%
- Break-even
- 3.7 days
Slippage from MEXC: live order book, 5 min ago; BingX: 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 MEXC live order book, 5 min ago | 0.75 bp | 2.7 bp −$3 | 37.1 bp −$371 | 95.1 bp −$9,514 | doesn't fit |
| Sell BingX live order book, 8 min ago | 7.49 bp | 37.0 bp −$37 | 90.1 bp −$901 | 467.6 bp −$46.8K | 876.5 bp −$438.2K |
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 | −0.0536% | 1h | 66.785 | +0.157% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.803 | +0.185% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERP | +0.0033% | 1h | 67.140 | +0.690% | — | $115K | 5.5x | as long as short |
| Binance QNTUSDT | +0.0100% | 8h | 66.660 | −0.030% | $3.8M | $6.7M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.640 | −0.060% | $2.8M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.760 | +0.120% | $215K | $98K | 25x | as long as short |
| MEXC QNT_USDTlong | +0.0100% | 8h | 66.680 | long leg | $2.9M | $1.3M | 200x | |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.750 | +0.105% | $679K | $146K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.800 | +0.180% | $1.6M | $377K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.697 | +0.025% | $53K | $119K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QNT-USDT | +0.0220% | 8h | 66.710 | +0.045% | $189K | $286K | 75x | as long as short |
| BingX QNT-USDTshort | +0.0662% | 8h | 66.720 | +0.060% | — | $2.4M | — |
MEXC QNT_USDT
BingX QNT-USDT
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Injective QNT/USDC PERP
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Variational Omni QNT
BloFin QNT-USDT