Funding you earn now, next payment 08:00 UTC−0.0337%/8h= −36.9% APRnext payment −$3.37 per $10,000 · paid last 24h −0.046%
Price spread now: Bitget against Binance0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now 0.000%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQQQUSDT | 34.700 | 0.0381 | pay 0.0381% / 8h | 1h 32m | $7.0M | $17.6M | 20x |
| Short | Bitget SQQQUSDT | 34.700 | 0.0044 | get 0.0044% / 8h | 1h 32m | $2.9M | $1.2M | 20x |
Binance SQQQUSDT
Bitget SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$70.7
- Price spread: 0.000% → +0.001%
- −$0.08
- Slippage, 4 orders
- −$21.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.66
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 5 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 Binance live order book, 8 min ago | 1.44 bp | 6.4 bp −$6 | 18.9 bp −$189 | 94.6 bp −$9,459 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.88 bp | 13.1 bp −$13 | 27.7 bp −$277 | 79.0 bp −$7,902 | doesn't fit |
SQQQ 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDT | 0.0000% | 8h | 34.690 | −0.029% | $786K | $562K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.680 | −0.058% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.790 | +0.259% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDTshort | +0.0044% | 8h | 34.700 | 0.000% | $2.9M | $1.2M | 20x | |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.660 | −0.115% | $125K | $962K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0162% | 8h | 34.688 | −0.033% | $4K | $111K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0225% | 8h | 34.690 | −0.029% | $876K | $1.9M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0380% | 8h | 34.680 | −0.058% | $1.7M | $377K | 20x | as long as short |
| Binance SQQQUSDTlong | +0.0381% | 8h | 34.700 | long leg | $7.0M | $17.6M | 20x | |
| BloFin SQQQ-USDT | +0.0387% | 8h | 34.720 | +0.058% | $86K | $7K | 20x | as long as short |
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
OKX SQQQ-USDT-SWAP
MEXC SQQQ_USDT
BloFin SQQQ-USDT