Funding you earn now, next payment 16:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.079%
Price spread now: Gate against Binance−0.025%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1941.942% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now −0.025%, 7d avg −0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQQQUSDT | 34.529 | 0.0005 | pay 0.0005% / 8h | 5h 29m | $7.4M | $20.1M | 20x |
| Short | Gate SQQQ_USDT | 34.520 | 0 | get 0.0000% / 8h | 5h 29m | $1.1M | $1.5M | 20x |
Binance SQQQUSDT
Gate SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.96
- Price spread: −0.025% → −0.043%
- $1.73
- Slippage, 4 orders
- −$169.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$193.46
- Costs to cover
- 1.942%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago | 1.45 bp | 6.4 bp −$6 | 18.3 bp −$183 | 118.2 bp −$11.8K | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.79 bp | 104.4 bp −$104 | 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 SQQQUSDT | 0.0000% | 8h | 34.530 | +0.004% | $689K | $605K | 25x | as long as short |
| OKX SQQQ-USDT-SWAP | 0.0000% | 8h | 34.540 | +0.033% | $833K | $2.3M | 20x | as long as short |
| Gate SQQQ_USDTshort | 0.0000% | 8h | 34.520 | −0.025% | $1.1M | $1.5M | 20x | |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.530 | +0.004% | $2.9M | $1.3M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.553 | +0.071% | $4K | $115K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.590 | +0.178% | $8K | $1K | 10x | as long as short |
| Binance SQQQUSDTlong | +0.0005% | 8h | 34.529 | long leg | $7.4M | $20.1M | 20x | |
| MEXC SQQQ_USDT | +0.0007% | 8h | 34.520 | −0.025% | $2.5M | $392K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0019% | 8h | 34.580 | +0.149% | $86K | $8K | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.540 | +0.033% | $159K | $939K | 10x | as long as short |
Bybit SQQQUSDT
OKX SQQQ-USDT-SWAP
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT
KuCoin SQQQUSDTM