Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against Bybit−0.029%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.029%, 7d avg +0.036%
=Funding pays, the price is against you. Bitget is 0.065% cheaper against Bybit than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.036%). If the spread goes back, that is −$6 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SQQQUSDT | 34.660 | 0 | get 0.0000% / 8h | 39m 45s | $785K | $584K | 25x |
| Short | Bitget SQQQUSDT | 34.650 | 0.0018 | get 0.0018% / 8h | 39m 45s | $2.9M | $1.2M | 20x |
Bybit SQQQUSDT
Bitget SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $3.78
- Price spread: −0.029% → +0.036%
- −$6.48
- Slippage, 4 orders
- −$33.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.47
- Costs to cover
- 0.568%
- Break-even
- 117.1 days
Slippage from Bybit: live order book, 60 min ago; Bitget: live order book, 3 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 Bybit live order book, 60 min ago | 2.88 bp | 12.9 bp −$13 | 346.4 bp −$3,464 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.44 bp | 12.1 bp −$12 | 24.8 bp −$248 | 70.8 bp −$7,081 | 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 SQQQUSDTlong | 0.0000% | 8h | 34.660 | long leg | $785K | $584K | 25x | |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.640 | −0.058% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.680 | +0.058% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDTshort | +0.0018% | 8h | 34.650 | −0.029% | $2.9M | $1.2M | 20x | |
| GRVT SQQQ_USDT_Perp | +0.0076% | 8h | 34.682 | +0.064% | $4K | $111K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.640 | −0.058% | $123K | $949K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0181% | 8h | 34.650 | −0.029% | $874K | $1.9M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0289% | 8h | 34.640 | −0.058% | $86K | $7K | 20x | as long as short |
| Binance SQQQUSDT | +0.0316% | 8h | 34.680 | +0.058% | $6.9M | $17.7M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0317% | 8h | 34.650 | −0.029% | $1.7M | $352K | 20x | as long as short |
Gate SQQQ_USDT
HTX SQQQ-USDT
GRVT SQQQ_USDT_Perp
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT