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−0.0050%/8h= −5.5% APRnext payment $0.25 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Bybit+0.351%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. BloFin is 0.351% dearer against Bybit than usual: you sell high and buy low (spread +0.351% now, against zero (this spread has no 7-day history yet)): +$35 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQDUSDT0.028470.0100pay 0.0050% / 4h1h 21m$887K$506K20x
ShortBloFin SQD-USDT0.028570.0050get 0.0025% / 4h1h 21m$81K$43K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$10.49
Price spread: +0.351% → 0.000%
$35.12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.64
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 59 min ago; BloFin: no order-book sample. 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 Bybit live order book, 59 min ago14.06 bp65.7 bp −$66753.4 bp −$7,534doesn't fitdoesn't fit
Sell BloFin no order-book sample
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-USDTshort+0.0050%4h0.02857+0.351%$81K$43K50x
Aster SQDUSDT+0.0100%4h0.02852+0.159%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02859+0.421%$1.2M$1.3M50xas long as short
Bybit SQDUSDTlong+0.0100%4h0.02847long leg$887K$506K20x
Gate SQD_USDT+0.0100%4h0.02849+0.070%$600K$44K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02858+0.386%$5.8M$172K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02854+0.246%$400K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02851+0.140%$730K$82K25xas long as short
BingX SQD-USDT+0.0100%4h0.02852+0.176%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02852+0.163%$11K$52Kas long as short