Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin+0.453%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.453% dearer against BloFin than usual: you sell high and buy low (spread +0.453% now, against zero (this spread has no 7-day history yet)): +$45 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SQD-USDT | 0.02868 | 0.0123 | pay 0.0062% / 4h | 2h 36m | $80K | $41K | 50x |
| Short | MEXC SQD_USDT | 0.02881 | 0.0100 | get 0.0050% / 4h | 2h 36m | $5.8M | $181K | 50x |
BloFin SQD-USDT
MEXC SQD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$4.92
- Price spread: +0.453% → 0.000%
- $45.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $24.41
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 3.47 bp | 34.5 bp −$35 | 83.7 bp −$837 | 257.1 bp −$25.7K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SQDUSDT | +0.0100% | 4h | 0.02874 | +0.195% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02882 | +0.487% | $1.2M | $1.3M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02872 | +0.139% | $891K | $351K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02873 | +0.174% | $605K | $29K | 20x | as long as short |
| MEXC SQD_USDTshort | +0.0100% | 4h | 0.02881 | +0.453% | $5.8M | $181K | 50x | |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02872 | +0.139% | $395K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02875 | +0.244% | $737K | $55K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02871 | +0.105% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02871 | +0.088% | $7K | $35K | — | as long as short |
| BloFin SQD-USDTlong | +0.0123% | 4h | 0.02868 | long leg | $80K | $41K | 50x |
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD