Funding arb · Price arb /

QNT

all QNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+4.0550%/8h= +4440.2% APRpaid last 24h +2.437%

Price spread now: Kraken Futures against Variational Omni+0.239%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1,217 a day on $10k at the current rate, and Kraken Futures is 0.239% dearer against Variational Omni than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni QNT	66.951	−0.0243	get 0.0243% / 8h	1h 07m	$64K	$109K	—
Short	Kraken Futures PF_QNTUSD	67.111	4.0307	get 0.5038% / 1h	7m 23s	$38K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.239%Rate

Funding earned: $8,515.52
Price spread: +0.239% → 0.000%: $23.89
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $8,529.41
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Kraken Futures: 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 Variational Omni RFQ quote, 27 min ago	7.18 bp	doesn't fit	171.5 bp −$1,715	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
Variational Omni QNTlong	−0.0243%	8h	66.951	long leg	$64K	$109K	—
gTrade (Gains Network) QNT/USD	L +0.0001% / S +0.0010%	1h	67.053	+0.153%	$137	—	150x	as long as short
Injective QNT/USDC PERP	+0.0033%	1h	67.140	+0.282%	—	$115K	5.5x	as long as short
Binance QNTUSDT	+0.0100%	8h	66.970	+0.028%	$3.7M	$6.8M	75x	as long as short
Bybit QNTUSDT	+0.0100%	8h	66.930	−0.031%	$2.8M	$1.4M	75x	as long as short
Gate QNT_USDT	+0.0100%	8h	67.080	+0.193%	$213K	$96K	25x	as long as short
MEXC QNT_USDT	+0.0100%	8h	66.960	+0.013%	$2.9M	$1.4M	200x	as long as short
KuCoin QNTUSDTM	+0.0100%	8h	66.990	+0.058%	$700K	$153K	30x	as long as short
Bitget QNTUSDT	+0.0100%	8h	67.090	+0.208%	$1.7M	$266K	75x	as long as short
BloFin QNT-USDT	+0.0220%	8h	67.010	+0.088%	$189K	$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	+0.0401%	8h	66.970	+0.028%	—	$2.4M	—	as long as short
Kraken Futures PF_QNTUSDshort	+4.0307%	1h	67.111	+0.239%	$38K	$64K	10x