Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin−0.115%49s7-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 MEXC is 0.115% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SQQQ-USDT | 34.680 | 0.0383 | pay 0.0383% / 8h | 1h 14m | $86K | $7K | 20x |
| Short | MEXC SQQQ_USDT | 34.640 | 0.0355 | get 0.0355% / 8h | 1h 14m | $1.7M | $378K | 20x |
BloFin SQQQ-USDT
MEXC SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.85
- Price spread: −0.115% → 0.000%
- −$11.53
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.39
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 5.77 bp | 5.8 bp −$6 | 7.8 bp −$78 | 119.0 bp −$11.9K | 245.4 bp −$122.7K |
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 | 34.650 | −0.087% | $784K | $562K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.660 | −0.058% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.690 | +0.029% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0030% | 8h | 34.670 | −0.029% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.640 | −0.115% | $123K | $956K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0141% | 8h | 34.620 | −0.173% | $4K | $112K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0208% | 8h | 34.690 | +0.029% | $874K | $1.9M | 20x | as long as short |
| MEXC SQQQ_USDTshort | +0.0355% | 8h | 34.640 | −0.115% | $1.7M | $378K | 20x | |
| Binance SQQQUSDT | +0.0356% | 8h | 34.667 | −0.039% | $6.9M | $17.8M | 20x | as long as short |
| BloFin SQQQ-USDTlong | +0.0383% | 8h | 34.680 | long leg | $86K | $7K | 20x |
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
Bitget SQQQUSDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
OKX SQQQ-USDT-SWAP
Binance SQQQUSDT