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: 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
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)+0.200%+$20 · spread now −0.450%, 7d avg −0.203%
Together, before fees+0.200%+$20 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SQD_USDT0.028890.0100pay 0.0050% / 4h1h 42m$5.9M$180K50x
ShortGate SQD_USDT0.028760.0100get 0.0050% / 4h1h 42m$606K$31K20x

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 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: −0.450% → −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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago3.48 bp19.7 bp −$2072.7 bp −$727238.6 bp −$23.9K622.5 bp −$311.2K
Sell Gate live order book, 19 min ago12.15 bp163.0 bp −$163doesn't fitdoesn'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%4h0.02881−0.270%$15K$1K5xas long as short
Binance SQDUSDT+0.0100%4h0.02888−0.035%$1.2M$1.3M50xas long as short
Bybit SQDUSDT+0.0100%4h0.02878−0.381%$890K$382K20xas long as short
Gate SQD_USDTshort+0.0100%4h0.02876−0.450%$606K$31K20x
MEXC SQD_USDTlong+0.0100%4h0.02889long leg$5.9M$180K50x
KuCoin SQDUSDTM+0.0100%4h0.02878−0.381%$401K$1.3M50xas long as short
Bitget SQDUSDT+0.0100%4h0.02883−0.208%$738K$59K25xas long as short
BingX SQD-USDT+0.0100%4h0.02882−0.242%$2.3Mas long as short
Variational Omni SQD+0.0100%4h0.02863−0.883%$11K$52Kas long as short
BloFin SQD-USDT+0.0153%4h0.02875−0.485%$81K$41K50xas long as short