Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.009%
Price spread now: Gate against Bitget−0.029%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.029%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.093%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SQQQUSDT | 34.660 | 0.0024 | pay 0.0024% / 8h | 1h 07m | $2.9M | $1.2M | 20x |
| Short | Gate SQQQ_USDT | 34.650 | 0 | get 0.0000% / 8h | 1h 07m | $1.1M | $1.4M | 20x |
Bitget SQQQUSDT
Gate SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$5.04
- Price spread: −0.029% → −0.043%
- $1.39
- Slippage, 4 orders
- −$138.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.35
- Costs to cover
- 1.657%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 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 Bitget live order book, 5 min ago | 1.44 bp | 15.3 bp −$15 | 30.5 bp −$305 | 75.2 bp −$7,524 | doesn't fit |
| Sell Gate live order book, 5 min ago | 7.21 bp | 104.9 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
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 | 34.650 | −0.029% | $784K | $562K | 25x | as long as short |
| Gate SQQQ_USDTshort | 0.0000% | 8h | 34.650 | −0.029% | $1.1M | $1.4M | 20x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.650 | −0.029% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDTlong | +0.0024% | 8h | 34.660 | long leg | $2.9M | $1.2M | 20x | |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.650 | −0.029% | $124K | $955K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0111% | 8h | 34.643 | −0.049% | $4K | $110K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0204% | 8h | 34.660 | 0.000% | $873K | $1.9M | 20x | as long as short |
| Binance SQQQUSDT | +0.0345% | 8h | 34.650 | −0.029% | $6.9M | $17.8M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0346% | 8h | 34.640 | −0.058% | $1.7M | $378K | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0349% | 8h | 34.670 | +0.029% | $86K | $7K | 20x | as long as short |
Bybit SQQQUSDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
OKX SQQQ-USDT-SWAP
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT