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: Gate against MEXC−0.450%7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4144.139% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.450%, 7d avg −0.203%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.247% cheaper against MEXC than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.203%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SQD_USDT | 0.02889 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $5.9M | $180K | 50x |
| Short | Gate SQD_USDT | 0.02876 | 0.0100 | get 0.0050% / 4h | 1h 42m | $606K | $31K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.450% → −0.203%
- −$24.71
- Slippage, 4 orders
- −$394.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$438.63
- Costs to cover
- 4.139%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 19 min ago.
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, 5 min ago | 3.48 bp | 19.7 bp −$20 | 72.7 bp −$727 | 238.6 bp −$23.9K | 622.5 bp −$311.2K |
| Sell Gate live order book, 19 min ago | 12.15 bp | 163.0 bp −$163 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.02881 | −0.270% | $15K | $1K | 5x | as long as short |
| Binance SQDUSDT | +0.0100% | 4h | 0.02888 | −0.035% | $1.2M | $1.3M | 50x | as long as short |
| Bybit SQDUSDT | +0.0100% | 4h | 0.02878 | −0.381% | $890K | $382K | 20x | as long as short |
| Gate SQD_USDTshort | +0.0100% | 4h | 0.02876 | −0.450% | $606K | $31K | 20x | |
| MEXC SQD_USDTlong | +0.0100% | 4h | 0.02889 | long leg | $5.9M | $180K | 50x | |
| KuCoin SQDUSDTM | +0.0100% | 4h | 0.02878 | −0.381% | $401K | $1.3M | 50x | as long as short |
| Bitget SQDUSDT | +0.0100% | 4h | 0.02883 | −0.208% | $738K | $59K | 25x | as long as short |
| BingX SQD-USDT | +0.0100% | 4h | 0.02882 | −0.242% | — | $2.3M | — | as long as short |
| Variational Omni SQD | +0.0100% | 4h | 0.02863 | −0.883% | $11K | $52K | — | as long as short |
| BloFin SQD-USDT | +0.0153% | 4h | 0.02875 | −0.485% | $81K | $41K | 50x | as long as short |
MEXC SQD_USDT
Gate SQD_USDT
Aster SQDUSDT
Binance SQDUSDT
Bybit SQDUSDT
KuCoin SQDUSDTM
Bitget SQDUSDT
BingX SQD-USDT
Variational Omni SQD
BloFin SQD-USDT