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

SQD

all SQD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.101%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,627as in the Price arb table
costs, in and out, $10k−$1,62616.255% 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 7 days−0.069%−$7 · spread now +0.101%, 7d avg +0.118%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SQDUSDTM0.029100.0100pay 0.0050% / 4h3h 56m$403K$1.3M50x
ShortBinance SQDUSDT0.029130.0100get 0.0050% / 4h3h 56m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.101% → +0.118%
−$1.74
Slippage, 4 orders
−$1,603.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,627.27
Costs to cover
16.255%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 6 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 KuCoin live order book, 9 min ago5.17 bp784.0 bp −$784doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.42 bp46.7 bp −$47164.8 bp −$1,648doesn't fitdoesn't fit

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%4h0.02910+0.005%$15K$1K5xas long as short
Binance SQDUSDTshort+0.0100%4h0.02913+0.101%$1.2M$1.3M50x
Bybit SQDUSDT+0.0100%4h0.02906−0.137%$903K$368K20xas long as short
Gate SQD_USDT+0.0100%4h0.02907−0.103%$613K$29K20xas long as short
MEXC SQD_USDT+0.0100%4h0.02912+0.069%$5.9M$180K50xas long as short
KuCoin SQDUSDTMlong+0.0100%4h0.02910long leg$403K$1.3M50x
Bitget SQDUSDT+0.0100%4h0.02907−0.103%$743K$54K25xas long as short
BingX SQD-USDT+0.0100%4h0.02909−0.034%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02910+0.017%$7K$41Kas long as short
BloFin SQD-USDT+0.0153%4h0.02917+0.241%$81K$42K50xas long as short