Funding you earn now, next payment 16:00 UTC−0.0285%/8h= −31.2% APRnext payment −$2.85 per $10,000 · paid last 24h −0.071%
Price spread now: GRVT against BloFin−0.030%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
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GRVT is 0.030% cheaper against BloFin than usual: you would sell low and buy high (−$3 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 | 34.810 | 0.0285 | pay 0.0285% / 8h | 7h 43m | $88K | $7K | 20x |
| Short | GRVT SQQQ_USDT_Perp | 34.799 | 0 | get 0.0000% / 8h | 7h 43m | $4K | $112K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$59.8
- Price spread: −0.030% → 0.000%
- −$3.02
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$83.82
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; GRVT: live order book, 54 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 GRVT live order book, 54 min ago | 4.33 bp | 11.1 bp −$11 | 43.0 bp −$430 | doesn't fit | 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 | 34.810 | 0.000% | $789K | $576K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.820 | +0.029% | $1.2M | $1.4M | 20x | as long as short |
| GRVT SQQQ_USDT_Perpshort | 0.0000% | 8h | 34.799 | −0.030% | $4K | $112K | 10x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | +0.086% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0018% | 8h | 34.850 | +0.115% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.810 | 0.000% | $126K | $915K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0156% | 8h | 34.840 | +0.086% | $904K | $2.1M | 20x | as long as short |
| BloFin SQQQ-USDTlong | +0.0285% | 8h | 34.810 | long leg | $88K | $7K | 20x | |
| Binance SQQQUSDT | +0.0301% | 8h | 34.830 | +0.057% | $7.3M | $18.2M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0302% | 8h | 34.820 | +0.029% | $1.7M | $296K | 20x | as long as short |
BloFin SQQQ-USDT
GRVT SQQQ_USDT_Perp
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
Binance SQQQUSDT
MEXC SQQQ_USDT