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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin−0.104%110s7-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 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.104% cheaper against BloFin than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 9.2 days of funding at the current rate (+$1 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SQD-USDT0.028710.0062pay 0.0031% / 4h9m 25s$78K$21K50x
ShortKuCoin SQDUSDTM0.028680.0100get 0.0050% / 4h9m 25s$398K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$7.98
Price spread: −0.104% → 0.000%
−$10.45
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$26.47
Costs to cover
0.240%
Break-even
30.2 days
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 9 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 KuCoin live order book, 9 min ago5.24 bp706.6 bp −$707doesn't fitdoesn'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 exchanges

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+0.0062%4h0.02871long leg$78K$21K50x
Aster SQDUSDT+0.0100%4h0.02869−0.070%$15K$9285xas long as short
Binance SQDUSDT+0.0100%4h0.02875+0.139%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02865−0.209%$887K$232K20xas long as short
Gate SQD_USDT+0.0100%4h0.02865−0.209%$605K$27K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02873+0.070%$5.8M$180K50xas long as short
KuCoin SQDUSDTMshort+0.0100%4h0.02868−0.104%$398K$1.2M50x
Bitget SQDUSDT+0.0100%4h0.02870−0.035%$744K$60K25xas long as short
BingX SQD-USDT+0.0100%4h0.02870−0.035%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02864−0.254%$7K$11Kas long as short