Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.046%
Price spread now: Injective against MEXC+0.344%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.344%, 7d avg +0.018%
=The price spread pays, funding is against you. Injective is 0.326% dearer against MEXC than usual: you sell high and buy low (spread +0.344% now, against its 7-day average of +0.018%): +$33 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC QNT_USDT | 66.910 | 0.0100 | pay 0.0100% / 8h | 3h 20m | $2.9M | $1.3M | 200x |
| Short | Injective QNT/USDC PERP | 67.140 | 0.0033 | get 0.0004% / 1h | 20m 52s | — | $115K | 5.5x |
MEXC QNT_USDT
Injective QNT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.344% → +0.018%
- $32.58
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $14.56
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
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, 1 min ago | 4.49 bp | 6.5 bp −$6 | 32.5 bp −$325 | 100.2 bp −$10.0K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0420% | 1h | 67.000 | +0.134% | $38K | $64K | 10x | as long as short |
| gTrade (Gains Network) QNT/USD | L +0.0001% / S +0.0010% | 1h | 66.968 | +0.087% | $136 | — | 150x | as long as short |
| Injective QNT/USDC PERPshort | +0.0033% | 1h | 67.140 | +0.344% | — | $115K | 5.5x | |
| Binance QNTUSDT | +0.0100% | 8h | 66.916 | +0.009% | $3.8M | $6.6M | 75x | as long as short |
| Bybit QNTUSDT | +0.0100% | 8h | 66.830 | −0.120% | $2.7M | $1.5M | 75x | as long as short |
| Gate QNT_USDT | +0.0100% | 8h | 66.940 | +0.045% | $216K | $78K | 25x | as long as short |
| MEXC QNT_USDTlong | +0.0100% | 8h | 66.910 | long leg | $2.9M | $1.3M | 200x | |
| KuCoin QNTUSDTM | +0.0100% | 8h | 66.790 | −0.179% | $659K | $157K | 30x | as long as short |
| Bitget QNTUSDT | +0.0100% | 8h | 66.950 | +0.060% | $1.6M | $394K | 75x | as long as short |
| Variational Omni QNT | +0.0100% | 8h | 66.783 | −0.189% | $53K | $119K | — | as long as short |
Kraken Futures PF_QNTUSD
gTrade (Gains Network) QNT/USD
Binance QNTUSDT
Bybit QNTUSDT
Gate QNT_USDT
KuCoin QNTUSDTM
Bitget QNTUSDT
Variational Omni QNTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX QNT-USDT | +0.0191% | 8h | 66.890 | −0.030% | — | $2.4M | — | as long as short |
| BloFin QNT-USDT | +0.0220% | 8h | 66.840 | −0.105% | $187K | $285K | 75x | as long as short |
BingX QNT-USDT
BloFin QNT-USDT