Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.237%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.237% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SQQQ-USDT | 34.520 | 0.0218 | pay 0.0218% / 8h | 3h 48m | $83K | $7K | 20x |
| Short | Binance SQQQUSDT | 34.438 | 0.0191 | get 0.0191% / 8h | 3h 48m | $6.7M | $16.1M | 20x |
BloFin SQQQ-USDT
Binance SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.74
- Price spread: −0.237% → 0.000%
- −$23.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.4
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 1.45 bp | 7.9 bp −$8 | 17.6 bp −$176 | 119.5 bp −$12.0K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDT | 0.0000% | 8h | 34.420 | −0.290% | $780K | $556K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.440 | −0.232% | $1.1M | $1.3M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.450 | −0.203% | $2.9M | $1.2M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.460 | −0.174% | $8K | $1K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0021% | 8h | 34.392 | −0.371% | $4K | $110K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.400 | −0.348% | $122K | $982K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0105% | 8h | 34.450 | −0.203% | $808K | $1.6M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0189% | 8h | 34.420 | −0.290% | $1.7M | $376K | 20x | as long as short |
| Binance SQQQUSDTshort | +0.0191% | 8h | 34.438 | −0.237% | $6.7M | $16.1M | 20x | |
| BloFin SQQQ-USDTlong | +0.0218% | 8h | 34.520 | long leg | $83K | $7K | 20x |
Bybit SQQQUSDT
Gate SQQQ_USDT
Bitget SQQQUSDT
HTX SQQQ-USDT
GRVT SQQQ_USDT_Perp
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
MEXC SQQQ_USDT