Funding you earn now, next payment 16:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.057%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.057%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.054% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SQQQUSDT | 34.850 | 0.0300 | pay 0.0300% / 8h | 7h 42m | $7.3M | $18.2M | 20x |
| Short | MEXC SQQQ_USDT | 34.830 | 0.0302 | get 0.0302% / 8h | 7h 42m | $1.7M | $296K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.5
- Price spread: −0.057% → −0.003%
- −$5.41
- Slippage, 4 orders
- −$15.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.95
- Costs to cover
- 0.250%
- Break-even
- 422.9 days
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 3 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, 13 min ago | 1.44 bp | 6.4 bp −$6 | 19.8 bp −$198 | 85.7 bp −$8,573 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 5.75 bp | 5.7 bp −$6 | 8.6 bp −$86 | 125.5 bp −$12.6K | 264.5 bp −$132.3K |
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 | 34.840 | −0.029% | $790K | $576K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.840 | −0.029% | $1.2M | $1.4M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.799 | −0.145% | $4K | $112K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | −0.029% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0018% | 8h | 34.850 | 0.000% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.830 | −0.057% | $126K | $915K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0157% | 8h | 34.850 | 0.000% | $904K | $2.1M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0285% | 8h | 34.810 | −0.115% | $88K | $7K | 20x | as long as short |
| Binance SQQQUSDTlong | +0.0300% | 8h | 34.850 | long leg | $7.3M | $18.2M | 20x | |
| MEXC SQQQ_USDTshort | +0.0302% | 8h | 34.830 | −0.057% | $1.7M | $296K | 20x |
Binance SQQQUSDT
MEXC SQQQ_USDT
Bybit SQQQUSDT
Gate SQQQ_USDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT