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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.104%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,326as in the Price arb table
costs, in and out, $10k−$1,32813.280% 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 7 days+0.254%+$25 · spread now −0.104%, 7d avg −0.121%
Together, before fees+0.254%+$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SQDUSDT0.028930.0100pay 0.0050% / 4h3h 56m$1.2M$1.3M50x
ShortKuCoin SQDUSDTM0.028900.0100get 0.0050% / 4h3h 56m$404K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.104% → −0.121%
$1.71
Slippage, 4 orders
−$1,306
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,326.28
Costs to cover
13.280%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 8 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, 6 min ago1.73 bp37.3 bp −$37219.4 bp −$2,194doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago8.64 bp679.1 bp −$679doesn'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
Aster SQDUSDT+0.0100%4h0.02890−0.110%$15K$9285xas long as short
Binance SQDUSDTlong+0.0100%4h0.02893long leg$1.2M$1.3M50x
Bybit SQDUSDT+0.0100%4h0.02885−0.277%$890K$333K20xas long as short
Gate SQD_USDT+0.0100%4h0.02887−0.207%$608K$28K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02894+0.035%$5.9M$181K50xas long as short
KuCoin SQDUSDTMshort+0.0100%4h0.02890−0.104%$404K$1.3M50x
Bitget SQDUSDT+0.0100%4h0.02888−0.173%$740K$55K25xas long as short
BingX SQD-USDT+0.0100%4h0.02887−0.207%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02881−0.428%$7K$33Kas long as short
BloFin SQD-USDT+0.0117%4h0.02891−0.069%$81K$29K50xas long as short