Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against Bybit−0.058%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.058%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.096% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.038%.
| 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 | OKX SQQQ-USDT-SWAP | 34.440 | 0 | get 0.0000% / 8h | 5h 48m | $831K | $2.3M | 20x |
Bybit SQQQUSDT
OKX SQQQ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.058% → +0.038%
- −$9.64
- Slippage, 4 orders
- −$33.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.39
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; OKX: 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 OKX live order book, 1 min ago | 1.45 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | 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-SWAPshort | 0.0000% | 8h | 34.440 | −0.058% | $831K | $2.3M | 20x | |
| 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_USDT | +0.0057% | 8h | 34.450 | −0.029% | $2.5M | $391K | 20x | as long as short |
| 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 |
Gate SQQQ_USDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT
BloFin SQQQ-USDT
KuCoin SQQQUSDTM