Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.029%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now −0.029%, 7d avg +0.003%
=Funding pays, the price is against you. KuCoin is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SQQQ_USDT | 34.860 | 0 | get 0.0000% / 8h | 7h 40m | $1.2M | $1.4M | 20x |
| Short | KuCoin SQQQUSDTM | 34.850 | 0.0100 | get 0.0100% / 8h | 7h 40m | $126K | $914K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.029% → +0.003%
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$9.12
- Costs to cover
- 0.270%
- Break-even
- 10.0 days
Slippage unknown: Gate: live order book, 2 min ago; KuCoin: live order book, 34 min ago. Net counts fees only.
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 | 4.30 bp | 107.9 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 2.88 bp | doesn't fit | doesn't fit | doesn't fit | 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 | 34.850 | −0.029% | $790K | $576K | 25x | as long as short |
| Gate SQQQ_USDTlong | 0.0000% | 8h | 34.860 | long leg | $1.2M | $1.4M | 20x | |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.843 | −0.049% | $4K | $112K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.840 | −0.057% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDT | +0.0016% | 8h | 34.880 | +0.057% | $2.9M | $1.2M | 20x | as long as short |
| KuCoin SQQQUSDTMshort | +0.0100% | 8h | 34.850 | −0.029% | $126K | $914K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0156% | 8h | 34.870 | +0.029% | $904K | $2.1M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0293% | 8h | 34.890 | +0.086% | $88K | $7K | 20x | as long as short |
| Binance SQQQUSDT | +0.0297% | 8h | 34.869 | +0.026% | $7.3M | $18.2M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0299% | 8h | 34.860 | 0.000% | $1.7M | $296K | 20x | as long as short |
Gate SQQQ_USDT
KuCoin SQQQUSDTM
Bybit SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
Bitget SQQQUSDT
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT