Settings8H · net · $10k
Funding arb · Price arb /

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0388%/8h= +42.5% APRnext payment +$3.88 per $10,000 · paid last 24h +0.049%
Price spread now: BloFin against Bitget+0.029%45s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SQQQUSDT34.5300get 0.0000% / 8h2h 02m$2.9M$1.2M20x
ShortBloFin SQQQ-USDT34.5400.0388get 0.0388% / 8h2h 02m$84K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$81.44
Price spread: +0.029% → 0.000%
$2.9
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$60.34
Costs to cover
0.240%
Break-even
1.8 days
Slippage unknown: Bitget: live order book, 5 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago2.90 bp14.6 bp −$1522.4 bp −$22479.5 bp −$7,955doesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h34.520−0.029%$781K$562K25xas long as short
Gate SQQQ_USDT0.0000%8h34.520−0.029%$1.1M$1.4M20xas long as short
Bitget SQQQUSDTlong0.0000%8h34.530long leg$2.9M$1.2M20x
HTX SQQQ-USDT0.0000%8h34.550+0.058%$8K$1K10xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.510−0.058%$123K$965K10xas long as short
GRVT SQQQ_USDT_Perp+0.0170%8h34.490−0.116%$4K$111K10xas long as short
OKX SQQQ-USDT-SWAP+0.0207%8h34.520−0.029%$831K$1.8M20xas long as short
MEXC SQQQ_USDT+0.0360%8h34.520−0.029%$1.7M$378K20xas long as short
Binance SQQQUSDT+0.0361%8h34.528−0.006%$6.9M$17.4M20xas long as short
BloFin SQQQ-USDTshort+0.0388%8h34.540+0.029%$84K$7K20x