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: MEXC against BingX+0.174%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.174%, 7d avg +0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.063% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SQD-USDT | 0.02877 | 0.0100 | pay 0.0050% / 4h | 2h 28m | — | $2.3M | — |
| Short | MEXC SQD_USDT | 0.02882 | 0.0100 | get 0.0050% / 4h | 2h 28m | $5.9M | $173K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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: +0.174% → +0.111%
- $6.28
- Slippage, 4 orders
- −$108.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$116.32
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 4 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 BingX live order book, 10 min ago | 10.49 bp | 38.6 bp −$39 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.74 bp | 26.6 bp −$27 | 75.3 bp −$753 | 269.0 bp −$26.9K | doesn't fit |
SQD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SQDUSDT | +0.0100% | 4h | 0.02876 | −0.048% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02882 | +0.181% | $1.2M | $1.3M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02877 | 0.000% | $890K | $410K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02875 | −0.070% | $606K | $35K | 20x | as long as short |
| MEXC SQD_USDTshort | +0.0100% | 4h | 0.02882 | +0.174% | $5.9M | $173K | 50x | |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02877 | 0.000% | $400K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02879 | +0.070% | $736K | $65K | 25x | as long as short |
| BingX SQD-USDTlong | +0.0100% | 4h | 0.02877 | long leg | — | $2.3M | — | |
| Variational Omni SQD | +0.0100% | 4h | 0.02869 | −0.294% | $11K | $52K | — | as long as short |
BingX SQD-USDT
MEXC SQD_USDT
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
Variational Omni SQD