Funding you earn now, next payment 16:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.078%
Price spread now: MEXC against Bybit−0.029%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.029%, 7d avg +0.012%
=Funding pays, the price is against you. MEXC is 0.041% cheaper against Bybit than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SQQQUSDT | 34.460 | 0 | get 0.0000% / 8h | 5h 48m | $685K | $602K | 25x |
| Short | MEXC SQQQ_USDT | 34.450 | 0.0057 | get 0.0057% / 8h | 5h 48m | $2.5M | $391K | 20x |
Bybit SQQQUSDT
MEXC SQQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $11.97
- Price spread: −0.029% → +0.012%
- −$4.06
- Slippage, 4 orders
- −$28.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$32.01
- Costs to cover
- 0.399%
- Break-even
- 25.7 days
Slippage from Bybit: live order book, 59 min ago; MEXC: live order book, 1 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, 59 min ago | 2.88 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 4.36 bp | 4.4 bp −$4 | 7.9 bp −$79 | 123.1 bp −$12.3K | doesn't fit |
SQQQ on 10 exchanges
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 | 34.460 | long leg | $685K | $602K | 25x | |
| OKX SQQQ-USDT-SWAP | 0.0000% | 8h | 34.440 | −0.058% | $831K | $2.3M | 20x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.440 | −0.058% | $1.1M | $1.5M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.460 | 0.000% | $2.9M | $1.3M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.457 | −0.008% | $4K | $114K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.490 | +0.087% | $8K | $1K | 10x | as long as short |
| Binance SQQQUSDT | +0.0056% | 8h | 34.468 | +0.024% | $7.4M | $20.0M | 20x | as long as short |
| MEXC SQQQ_USDTshort | +0.0057% | 8h | 34.450 | −0.029% | $2.5M | $391K | 20x | |
| BloFin SQQQ-USDT | +0.0068% | 8h | 34.460 | 0.000% | $40K | $8K | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.450 | −0.029% | $160K | $941K | 10x | as long as short |
OKX SQQQ-USDT-SWAP
Gate SQQQ_USDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
Binance SQQQUSDT
BloFin SQQQ-USDT
KuCoin SQQQUSDTM