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−0.0122%/8h= −13.3% APRnext payment $1.22 per $10,000 · paid last 24h −0.035%
Price spread now: OKX against BloFin−0.087%93s7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.087% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SQQQ-USDT34.6600.0332pay 0.0332% / 8h1h 17m$87K$7K20x
ShortOKX SQQQ-USDT-SWAP34.6300.0211get 0.0211% / 8h1h 17m$872K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
−$25.53
Price spread: −0.087% → 0.000%
−$8.66
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$56.19
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 4 min ago. 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 BloFin no order-book sample
Sell OKX live order book, 4 min ago1.44 bp10.6 bp −$11doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SQQQUSDT0.0000%8h34.610−0.144%$783K$562K25xas long as short
Gate SQQQ_USDT0.0000%8h34.620−0.115%$1.1M$1.4M20xas long as short
HTX SQQQ-USDT0.0000%8h34.680+0.058%$8K$1K10xas long as short
Bitget SQQQUSDT+0.0032%8h34.630−0.087%$2.9M$1.2M20xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.600−0.173%$123K$957K10xas long as short
GRVT SQQQ_USDT_Perp+0.0141%8h34.620−0.115%$4K$112K10xas long as short
OKX SQQQ-USDT-SWAPshort+0.0211%8h34.630−0.087%$872K$1.9M20x
BloFin SQQQ-USDTlong+0.0332%8h34.660long leg$87K$7K20x
Binance SQQQUSDT+0.0357%8h34.610−0.144%$6.9M$17.8M20xas long as short
MEXC SQQQ_USDT+0.0358%8h34.600−0.173%$1.7M$378K20xas long as short