Funding you earn now, next payment 16:00 UTC−0.0148%/8h= −16.2% APRnext payment −$1.48 per $10,000 · paid last 24h −0.079%
Price spread now: Bybit against Binance−0.040%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now −0.040%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQQQUSDT | 34.694 | 0.0148 | pay 0.0148% / 8h | 6h 19m | $7.3M | $19.3M | 20x |
| Short | Bybit SQQQUSDT | 34.680 | 0 | get 0.0000% / 8h | 6h 19m | $787K | $578K | 25x |
Binance SQQQUSDT
Bybit SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$31.08
- Price spread: −0.040% → −0.021%
- −$1.85
- Slippage, 4 orders
- −$21.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$75.72
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 28 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, 14 min ago | 1.44 bp | 6.4 bp −$6 | 18.5 bp −$185 | 101.3 bp −$10.1K | doesn't fit |
| Sell Bybit live order book, 28 min ago | 2.88 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
SQQQ 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDTshort | 0.0000% | 8h | 34.680 | −0.040% | $787K | $578K | 25x | |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.670 | −0.069% | $1.1M | $1.4M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.680 | −0.040% | $2.9M | $1.2M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.670 | −0.068% | $4K | $113K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.740 | +0.133% | $8K | $1K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0042% | 8h | 34.680 | −0.040% | $888K | $2.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.680 | −0.040% | $161K | $932K | 10x | as long as short |
| BloFin SQQQ-USDT | +0.0142% | 8h | 34.700 | +0.018% | $88K | $8K | 20x | as long as short |
| Binance SQQQUSDTlong | +0.0148% | 8h | 34.694 | long leg | $7.3M | $19.3M | 20x | |
| MEXC SQQQ_USDT | +0.0149% | 8h | 34.680 | −0.040% | $1.9M | $323K | 20x | as long as short |
Gate SQQQ_USDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
OKX SQQQ-USDT-SWAP
KuCoin SQQQUSDTM
BloFin SQQQ-USDT
MEXC SQQQ_USDT