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

SQQQ

RWAall SQQQ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.058%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1481.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.058%, 7d avg +0.006%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SQQQ_USDT34.6900get 0.0000% / 8h1h 34m$1.1M$1.4M20x
ShortBybit SQQQUSDT34.7100get 0.0000% / 8h1h 34m$786K$562K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.058% → +0.006%
$5.19
Slippage, 4 orders
−$121.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$142.76
Costs to cover
1.480%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 5 min ago.

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 ago4.33 bp101.6 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.88 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit

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 SQQQUSDTshort0.0000%8h34.710+0.058%$786K$562K25x
Gate SQQQ_USDTlong0.0000%8h34.690long leg$1.1M$1.4M20x
HTX SQQQ-USDT0.0000%8h34.770+0.231%$8K$1K10xas long as short
Bitget SQQQUSDT+0.0034%8h34.710+0.058%$2.9M$1.2M20xas long as short
KuCoin SQQQUSDTM+0.0100%8h34.670−0.058%$124K$962K10xas long as short
GRVT SQQQ_USDT_Perp+0.0162%8h34.688−0.004%$4K$111K10xas long as short
OKX SQQQ-USDT-SWAP+0.0225%8h34.700+0.029%$876K$1.9M20xas long as short
BloFin SQQQ-USDT+0.0371%8h34.6900.000%$85K$7K20xas long as short
MEXC SQQQ_USDT+0.0378%8h34.680−0.029%$1.7M$377K20xas long as short
Binance SQQQUSDT+0.0380%8h34.718+0.082%$7.0M$17.6M20xas long as short