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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against Bitget+0.035%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1521.518% 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)−0.009%−$1 · spread now +0.035%, 7d avg +0.010%
Together, before fees−0.009%−$1 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: BingX is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SQDUSDT0.028740.0100pay 0.0050% / 4h11m 38s$736K$80K25x
ShortBingX SQD-USDT0.028750.0100get 0.0050% / 4h11m 38s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: +0.035% → +0.010%
$2.44
Slippage, 4 orders
−$129.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$149.34
Costs to cover
1.518%
Break-even
never at this rate
Slippage from Bitget: live order book, 64 min ago; BingX: live order book, 7 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 Bitget live order book, 64 min ago7.01 bp34.2 bp −$34264.8 bp −$2,648doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago12.19 bp44.1 bp −$44100.8 bp −$1,008924.5 bp −$92.4Kdoesn'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+0.0077%4h0.02878+0.139%$81K$41K50xas long as short
Aster SQDUSDT+0.0100%4h0.02880+0.209%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02885+0.383%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02872−0.070%$894K$512K20xas long as short
Gate SQD_USDT+0.0100%4h0.028740.000%$605K$45K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02886+0.418%$5.9M$175K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02880+0.209%$400K$1.3M50xas long as short
Bitget SQDUSDTlong+0.0100%4h0.02874long leg$736K$80K25x
BingX SQD-USDTshort+0.0100%4h0.02875+0.035%$2.3M
Variational Omni SQD+0.0100%4h0.02867−0.258%$11K$52Kas long as short