Settings8H · net · $10k
Funding arb · Price arb /

SQQQ

RWAall SQQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0142%/8h= +15.6% APRnext payment +$1.42 per $10,000 · paid last 24h +0.084%
Price spread now: BloFin against Gate+0.115%78s7-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 +$4 a day on $10k at the current rate, and BloFin is 0.115% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SQQQ_USDT34.6400get 0.0000% / 8h6h 17m$1.1M$1.4M20x
ShortBloFin SQQQ-USDT34.6800.0142get 0.0142% / 8h6h 17m$88K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$29.84
Price spread: +0.115% → 0.000%
$11.55
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$14.39
Costs to cover
0.270%
Break-even
3.6 days
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago4.32 bp85.0 bp −$85doesn't fitdoesn'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 exchanges

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 SQQQUSDT0.0000%8h34.6400.000%$787K$579K25xas long as short
Gate SQQQ_USDTlong0.0000%8h34.640long leg$1.1M$1.4M20x
Bitget SQQQUSDT0.0000%8h34.650+0.029%$2.9M$1.2M20xas long as short
GRVT SQQQ_USDT_Perp0.0000%8h34.670+0.088%$4K$113K10xas long as short
HTX SQQQ-USDT0.0000%8h34.740+0.289%$8K$1K10xas long as short
OKX SQQQ-USDT-SWAP+0.0040%8h34.660+0.058%$887K$2.2M20xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.650+0.029%$161K$933K10xas long as short
Binance SQQQUSDT+0.0142%8h34.660+0.058%$7.3M$19.3M20xas long as short
BloFin SQQQ-USDTshort+0.0142%8h34.680+0.115%$88K$8K20x
MEXC SQQQ_USDT+0.0143%8h34.650+0.029%$1.9M$323K20xas long as short