Settings8H · net · $10k
Funding arb · Price arb /

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SQDUSDT0.029070.0100pay 0.0050% / 4h53m 54s$1.2M$1.3M50x
ShortGate SQD_USDT0.029030.0100get 0.0050% / 4h53m 54s$612K$29K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago3.45 bp34.0 bp −$34192.9 bp −$1,929doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago13.77 bp175.4 bp −$175doesn't fitdoesn't fitdoesn't fit

SQD on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SQD-USDT+0.0093%4h0.02904−0.103%$82K$41K50xas long as short
Aster SQDUSDT+0.0100%4h0.02907−0.005%$15K$1K5xas long as short
Binance SQDUSDTlong+0.0100%4h0.02907long leg$1.2M$1.3M50x
Bybit SQDUSDT+0.0100%4h0.02903−0.138%$894K$379K20xas long as short
Gate SQD_USDTshort+0.0100%4h0.02903−0.138%$612K$29K20x
MEXC SQD_USDT+0.0100%4h0.029070.000%$5.9M$179K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02903−0.138%$405K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02905−0.069%$743K$57K25xas long as short
BingX SQD-USDT+0.0100%4h0.02905−0.069%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02902−0.188%$7K$56Kas long as short