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: MEXC against Binance0.000%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now 0.000%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQDUSDT | 0.02859 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $1.2M | $1.3M | 50x |
| Short | MEXC SQD_USDT | 0.02859 | 0.0100 | get 0.0050% / 4h | 1h 21m | $5.8M | $172K | 50x |
Binance SQDUSDT
MEXC SQD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: 0.000% → +0.004%
- −$0.45
- Slippage, 4 orders
- −$107.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.46
- Costs to cover
- 1.210%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 1 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, 11 min ago | 1.75 bp | 34.9 bp −$35 | 245.6 bp −$2,456 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.50 bp | 26.5 bp −$26 | 75.2 bp −$752 | 223.6 bp −$22.4K | 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 | +0.0099% | 4h | 0.02857 | −0.070% | $81K | $43K | 50x | as long as short |
| Aster SQDUSDT | +0.0100% | 4h | 0.02851 | −0.274% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDTlong | +0.0100% | 4h | 0.02859 | long leg | $1.2M | $1.3M | 50x | |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02847 | −0.420% | $887K | $506K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02849 | −0.350% | $600K | $44K | 20x | as long as short |
| MEXC SQD_USDTshort | +0.0100% | 4h | 0.02859 | 0.000% | $5.8M | $172K | 50x | |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02853 | −0.210% | $401K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02851 | −0.280% | $730K | $82K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02852 | −0.245% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02852 | −0.257% | $11K | $52K | — | as long as short |
BloFin SQD-USDT
Aster SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD