Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against Binance−0.058%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.058%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$3 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 | 34.490 | 0 | get 0.0000% / 8h | 5h 04m | $7.5M | $20.2M | 20x |
| Short | KuCoin SQQQUSDTM | 34.470 | 0.0100 | get 0.0100% / 8h | 5h 04m | $150K | $935K | 10x |
Binance SQQQUSDT
KuCoin SQQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.058% → −0.038%
- −$1.97
- Slippage, 4 orders
- −$92.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$95.22
- Costs to cover
- 1.142%
- Break-even
- 38.7 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 33 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 | 1.45 bp | 6.4 bp −$6 | 12.6 bp −$126 | 128.8 bp −$12.9K | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 1.45 bp | 45.1 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SQQQUSDTlong | 0.0000% | 8h | 34.490 | long leg | $7.5M | $20.2M | 20x | |
| Bybit SQQQUSDT | 0.0000% | 8h | 34.480 | −0.029% | $689K | $608K | 25x | as long as short |
| OKX SQQQ-USDT-SWAP | 0.0000% | 8h | 34.480 | −0.029% | $820K | $2.3M | 20x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.470 | −0.058% | $1.1M | $1.6M | 20x | as long as short |
| MEXC SQQQ_USDT | 0.0000% | 8h | 34.470 | −0.058% | $2.5M | $394K | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.480 | −0.029% | $2.9M | $1.3M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.470 | −0.058% | $4K | $114K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.500 | +0.029% | $8K | $1K | 10x | as long as short |
| BloFin SQQQ-USDT | +0.0022% | 8h | 34.450 | −0.116% | $85K | $8K | 20x | as long as short |
| KuCoin SQQQUSDTMshort | +0.0100% | 8h | 34.470 | −0.058% | $150K | $935K | 10x |
Bybit SQQQUSDT
OKX SQQQ-USDT-SWAP
Gate SQQQ_USDT
MEXC SQQQ_USDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
BloFin SQQQ-USDT