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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against BloFin−0.035%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SQD-USDT0.028570.0099pay 0.0050% / 4h1h 22m$81K$43K50x
ShortBinance SQDUSDT0.028560.0100get 0.0050% / 4h1h 22m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$0.19
Price spread: −0.035% → 0.000%
−$3.5
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.31
Costs to cover
0.220%
Break-even
956.3 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Binance live order book, 10 min ago1.75 bp36.0 bp −$36132.5 bp −$1,325doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTlong+0.0099%4h0.02857long leg$81K$43K50x
Aster SQDUSDT+0.0100%4h0.02850−0.262%$15K$1K5xas long as short
Binance SQDUSDTshort+0.0100%4h0.02856−0.035%$1.2M$1.3M50x
Bybit SQDUSDT+0.0100%4h0.02846−0.385%$887K$506K20xas long as short
Gate SQD_USDT+0.0100%4h0.02848−0.315%$600K$44K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02856−0.035%$5.8M$172K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02853−0.140%$401K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02850−0.245%$730K$82K25xas long as short
BingX SQD-USDT+0.0100%4h0.02850−0.245%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02852−0.187%$11K$52Kas long as short