Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.138%7-day average −0.209% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4254.251% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now −0.138%, 7d avg −0.209%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.072% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.209%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQDUSDT | 0.02907 | 0.0100 | pay 0.0050% / 4h | 53m 54s | $1.2M | $1.3M | 50x |
| Short | Gate SQD_USDT | 0.02903 | 0.0100 | get 0.0050% / 4h | 53m 54s | $612K | $29K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.138% → −0.209%
- $7.17
- Slippage, 4 orders
- −$400.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$417.95
- Costs to cover
- 4.251%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: 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 Binance live order book, 9 min ago | 3.45 bp | 34.0 bp −$34 | 192.9 bp −$1,929 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 13.77 bp | 175.4 bp −$175 | doesn't fit | 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 | +0.0093% | 4h | 0.02904 | −0.103% | $82K | $41K | 50x | as long as short |
| Aster SQDUSDT | +0.0100% | 4h | 0.02907 | −0.005% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDTlong | +0.0100% | 4h | 0.02907 | long leg | $1.2M | $1.3M | 50x | |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02903 | −0.138% | $894K | $379K | 20x | as long as short |
| Gate SQD_USDTshort | +0.0100% | 4h | 0.02903 | −0.138% | $612K | $29K | 20x | |
| MEXC SQD_USDT | +0.0100% | 4h | 0.02907 | 0.000% | $5.9M | $179K | 50x | as long as short |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02903 | −0.138% | $405K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02905 | −0.069% | $743K | $57K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02905 | −0.069% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02902 | −0.188% | $7K | $56K | — | as long as short |
Binance SQDUSDT
Gate SQD_USDT
BloFin SQD-USDT
Aster SQDUSDT
Bybit SQDUSDT
MEXC SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD