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

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Binance−0.115%91s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.115% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SQQQUSDT34.8300.0301pay 0.0301% / 8h7h 43m$7.3M$18.1M20x
ShortBloFin SQQQ-USDT34.7900.0304get 0.0304% / 8h7h 43m$87K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$0.75
Price spread: −0.115% → 0.000%
−$11.48
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.73
Costs to cover
0.220%
Break-even
310.7 days
Slippage unknown: Binance: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.44 bp6.4 bp −$619.8 bp −$19885.7 bp −$8,573doesn'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.

SQQQ 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
Bybit SQQQUSDT0.0000%8h34.810−0.057%$789K$576K25xas long as short
Gate SQQQ_USDT0.0000%8h34.810−0.057%$1.2M$1.4M20xas long as short
HTX SQQQ-USDT0.0000%8h34.840+0.029%$8K$1K10xas long as short
Bitget SQQQUSDT+0.0018%8h34.810−0.057%$2.9M$1.2M20xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.810−0.057%$126K$916K10xas long as short
GRVT SQQQ_USDT_Perp+0.0154%8h34.799−0.088%$4K$112K10xas long as short
OKX SQQQ-USDT-SWAP+0.0156%8h34.840+0.029%$904K$2.1M20xas long as short
Binance SQQQUSDTlong+0.0301%8h34.830long leg$7.3M$18.1M20x
MEXC SQQQ_USDT+0.0302%8h34.820−0.029%$1.7M$296K20xas long as short
BloFin SQQQ-USDTshort+0.0304%8h34.790−0.115%$87K$7K20x