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+0.0356%/8h= +38.9% APRnext payment +$3.56 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against Bybit+0.029%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SQQQUSDT34.6400get 0.0000% / 8h1h 00m$784K$562K25x
ShortBloFin SQQQ-USDT34.6500.0356get 0.0356% / 8h1h 00m$86K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$74.68
Price spread: +0.029% → 0.000%
$2.89
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$54.57
Costs to cover
0.230%
Break-even
1.9 days
Slippage unknown: Bybit: live order book, 39 min ago; BloFin: no order-book sample. 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 Bybit live order book, 39 min ago2.88 bp12.9 bp −$13346.4 bp −$3,464doesn't fitdoesn't fit
Sell BloFin no order-book sample
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 SQQQUSDTlong0.0000%8h34.640long leg$784K$562K25x
Gate SQQQ_USDT0.0000%8h34.650+0.029%$1.1M$1.4M20xas long as short
HTX SQQQ-USDT0.0000%8h34.680+0.115%$8K$1K10xas long as short
Bitget SQQQUSDT+0.0019%8h34.660+0.058%$2.9M$1.2M20xas long as short
GRVT SQQQ_USDT_Perp+0.0098%8h34.665+0.071%$4K$111K10xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.650+0.029%$123K$951K10xas long as short
OKX SQQQ-USDT-SWAP+0.0200%8h34.660+0.058%$873K$1.9M20xas long as short
Binance SQQQUSDT+0.0335%8h34.650+0.029%$6.9M$17.8M20xas long as short
MEXC SQQQ_USDT+0.0337%8h34.6400.000%$1.7M$378K20xas long as short
BloFin SQQQ-USDTshort+0.0356%8h34.650+0.029%$86K$7K20x