Funding you earn now, next payment 12:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC−0.417%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.417% cheaper against MEXC than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SQD_USDT | 0.02879 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $5.8M | $180K | 50x |
| Short | BloFin SQD-USDT | 0.02867 | 0.0044 | get 0.0022% / 4h | 1h 30m | $79K | $25K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$11.7
- Price spread: −0.417% → 0.000%
- −$41.68
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.38
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 10 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 10 min ago | 3.46 bp | 25.0 bp −$25 | 76.6 bp −$766 | 244.9 bp −$24.5K | doesn'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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SQD-USDTshort | +0.0044% | 4h | 0.02867 | −0.417% | $79K | $25K | 50x | |
| Aster SQDUSDT | +0.0100% | 4h | 0.02873 | −0.206% | $15K | $928 | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02880 | +0.027% | $1.2M | $1.3M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02870 | −0.313% | $886K | $239K | 20x | as long as short |
| Gate SQD_USDT | +0.0100% | 4h | 0.02871 | −0.278% | $606K | $27K | 20x | as long as short |
| MEXC SQD_USDTlong | +0.0100% | 4h | 0.02879 | long leg | $5.8M | $180K | 50x | |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02874 | −0.174% | $398K | $1.2M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02874 | −0.174% | $746K | $58K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02874 | −0.174% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02868 | −0.388% | $7K | $11K | — | as long as short |
MEXC SQD_USDT
BloFin SQD-USDT
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
Gate SQD_USDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD