Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against Gate+0.087%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 7 days−0.128%−$13 · spread now +0.087%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.044% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.093%, 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 | Gate SQQQ_USDT | 34.680 | 0 | get 0.0000% / 8h | 1h 35m | $1.1M | $1.4M | 20x |
| Short | Bitget SQQQUSDT | 34.710 | 0.0027 | get 0.0027% / 8h | 1h 35m | $2.9M | $1.2M | 20x |
Gate SQQQ_USDT
Bitget SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $5.67
- Price spread: +0.087% → +0.043%
- $4.37
- Slippage, 4 orders
- −$120.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$137.79
- Costs to cover
- 1.478%
- Break-even
- 177.1 days
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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 Gate live order book, 2 min ago | 4.33 bp | 101.6 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.88 bp | 13.1 bp −$13 | 27.7 bp −$277 | 79.0 bp −$7,902 | 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 SQQQUSDT | 0.0000% | 8h | 34.710 | +0.087% | $786K | $562K | 25x | as long as short |
| Gate SQQQ_USDTlong | 0.0000% | 8h | 34.680 | long leg | $1.1M | $1.4M | 20x | |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.770 | +0.260% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDTshort | +0.0027% | 8h | 34.710 | +0.087% | $2.9M | $1.2M | 20x | |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.670 | −0.029% | $125K | $962K | 10x | as long as short |
| GRVT SQQQ_USDT_Perp | +0.0162% | 8h | 34.688 | +0.024% | $4K | $111K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0226% | 8h | 34.680 | 0.000% | $876K | $1.9M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0372% | 8h | 34.700 | +0.058% | $85K | $7K | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0375% | 8h | 34.670 | −0.029% | $1.7M | $377K | 20x | as long as short |
| Binance SQQQUSDT | +0.0378% | 8h | 34.710 | +0.087% | $7.0M | $17.6M | 20x | as long as short |
Bybit SQQQUSDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
GRVT SQQQ_USDT_Perp
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
MEXC SQQQ_USDT
Binance SQQQUSDT