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+0.0002%/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
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.057%, 7d avg −0.003%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SQQQUSDT34.8500.0300pay 0.0300% / 8h7h 42m$7.3M$18.2M20x
ShortMEXC SQQQ_USDT34.8300.0302get 0.0302% / 8h7h 42m$1.7M$296K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.44 bp6.4 bp −$619.8 bp −$19885.7 bp −$8,573doesn't fit
Sell MEXC live order book, 3 min ago5.75 bp5.7 bp −$68.6 bp −$86125.5 bp −$12.6K264.5 bp −$132.3K

SQQQ on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SQQQUSDT0.0000%8h34.840−0.029%$790K$576K25xas long as short
Gate SQQQ_USDT0.0000%8h34.840−0.029%$1.2M$1.4M20xas long as short
GRVT SQQQ_USDT_Perp0.0000%8h34.799−0.145%$4K$112K10xas long as short
HTX SQQQ-USDT0.0000%8h34.840−0.029%$8K$1K10xas long as short
Bitget SQQQUSDT+0.0018%8h34.8500.000%$2.9M$1.2M20xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.830−0.057%$126K$915K10xas long as short
OKX SQQQ-USDT-SWAP+0.0157%8h34.8500.000%$904K$2.1M20xas long as short
BloFin SQQQ-USDT+0.0285%8h34.810−0.115%$88K$7K20xas long as short
Binance SQQQUSDTlong+0.0300%8h34.850long leg$7.3M$18.2M20x
MEXC SQQQ_USDTshort+0.0302%8h34.830−0.057%$1.7M$296K20x