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: Bybit against Binance−0.272%7-day average −0.235% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1881.877% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.272%, 7d avg −0.235%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.037% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.235%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQDUSDT | 0.02901 | 0.0100 | pay 0.0050% / 4h | 58m 42s | $1.2M | $1.3M | 50x |
| Short | Bybit SQDUSDT | 0.02893 | 0.0100 | get 0.0050% / 4h | 58m 42s | $902K | $511K | 20x |
Binance SQDUSDT
Bybit SQDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.272% → −0.235%
- −$3.68
- Slippage, 4 orders
- −$166.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.43
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 16 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 Binance live order book, 4 min ago | 3.46 bp | 44.7 bp −$45 | 204.3 bp −$2,043 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 16 min ago | 7.03 bp | 55.2 bp −$55 | 290.1 bp −$2,901 | doesn't fit | doesn't fit |
SQD on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SQD-USDT | +0.0064% | 4h | 0.02898 | −0.100% | $80K | $43K | 50x | as long as short |
| Aster SQDUSDT | +0.0100% | 4h | 0.02898 | −0.107% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDTlong | +0.0100% | 4h | 0.02901 | long leg | $1.2M | $1.3M | 50x | |
| Bybit SQDUSDTshort | +0.0100% | 4h | 0.02893 | −0.272% | $902K | $511K | 20x | |
| Gate SQD_USDT | +0.0100% | 4h | 0.02893 | −0.272% | $609K | $45K | 20x | as long as short |
| MEXC SQD_USDT | +0.0100% | 4h | 0.02898 | −0.100% | $5.9M | $170K | 50x | as long as short |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02895 | −0.203% | $407K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02898 | −0.100% | $742K | $82K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02895 | −0.203% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02881 | −0.699% | $11K | $52K | — | as long as short |
BloFin SQD-USDT
Aster SQDUSDT
Gate SQD_USDT
MEXC SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD