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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.034%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4294.293% 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)+0.162%+$16 · spread now +0.034%, 7d avg +0.084%
Together, before fees+0.162%+$16 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 0.050% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SQD_USDT0.029080.0100pay 0.0050% / 4h4m 44s$613K$30K20x
ShortBingX SQD-USDT0.029090.0100get 0.0050% / 4h4m 44s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.034% → +0.084%
−$4.96
Slippage, 4 orders
−$404.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$434.28
Costs to cover
4.293%
Break-even
never at this rate
Slippage from Gate: live order book, 51 min ago; BingX: live order book, 4 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 Gate live order book, 51 min ago13.77 bp176.9 bp −$177doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago8.58 bp40.8 bp −$41106.0 bp −$1,060783.5 bp −$78.3K1152.4 bp −$576.2K

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
Aster SQDUSDT+0.0100%4h0.02911+0.117%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02912+0.138%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02905−0.103%$902K$368K20xas long as short
Gate SQD_USDTlong+0.0100%4h0.02908long leg$613K$30K20x
MEXC SQD_USDT+0.0100%4h0.02912+0.138%$5.9M$183K50xas long as short
KuCoin SQDUSDTM+0.0100%4h0.02906−0.069%$401K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02907−0.034%$744K$54K25xas long as short
BingX SQD-USDTshort+0.0100%4h0.02909+0.034%$2.3M
Variational Omni SQD+0.0100%4h0.02905−0.086%$7K$41Kas long as short
BloFin SQD-USDT+0.0140%4h0.02917+0.309%$81K$42K50xas long as short