Funding you earn now, next payment 16:00 UTC+0.0143%/8h= +15.7% APRnext payment +$1.43 per $10,000 · paid last 24h +0.078%
Price spread now: MEXC against Gate0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now 0.000%, 7d avg +0.039%
=Funding pays, the price is against you. MEXC is 0.039% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.039%). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.052% in total) that is about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SQQQ_USDT | 34.650 | 0 | get 0.0000% / 8h | 6h 17m | $1.1M | $1.4M | 20x |
| Short | MEXC SQQQ_USDT | 34.650 | 0.0143 | get 0.0143% / 8h | 6h 17m | $1.9M | $323K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $30.03
- Price spread: 0.000% → +0.039%
- −$3.91
- Slippage, 4 orders
- −$86.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$75.26
- Costs to cover
- 1.014%
- Break-even
- 24.5 days
Slippage from Gate: live order book, 3 min ago; MEXC: 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, 3 min ago | 4.32 bp | 85.0 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.44 bp | 1.4 bp −$1 | 4.7 bp −$47 | 122.5 bp −$12.3K | 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 SQQQUSDT | 0.0000% | 8h | 34.650 | 0.000% | $787K | $579K | 25x | as long as short |
| Gate SQQQ_USDTlong | 0.0000% | 8h | 34.650 | long leg | $1.1M | $1.4M | 20x | |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.650 | 0.000% | $2.9M | $1.2M | 20x | as long as short |
| GRVT SQQQ_USDT_Perp | 0.0000% | 8h | 34.666 | +0.045% | $4K | $113K | 10x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.740 | +0.260% | $8K | $1K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0038% | 8h | 34.670 | +0.058% | $887K | $2.2M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.660 | +0.029% | $160K | $933K | 10x | as long as short |
| Binance SQQQUSDT | +0.0142% | 8h | 34.670 | +0.058% | $7.3M | $19.3M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0142% | 8h | 34.680 | +0.087% | $88K | $8K | 20x | as long as short |
| MEXC SQQQ_USDTshort | +0.0143% | 8h | 34.650 | 0.000% | $1.9M | $323K | 20x |
Gate SQQQ_USDT
MEXC SQQQ_USDT
Bybit SQQQUSDT
Bitget SQQQUSDT
GRVT SQQQ_USDT_Perp
HTX SQQQ-USDT
OKX SQQQ-USDT-SWAP
KuCoin SQQQUSDTM
Binance SQQQUSDT
BloFin SQQQ-USDT