Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.58 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against GRVT−0.092%73s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.092%, 7d avg +0.007%
=Together, before fees+0.022%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.100% cheaper against GRVT than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SQQQ_USDT_Perp | 34.682 | 0.0076 | pay 0.0076% / 8h | 40m 25s | $4K | $111K | 10x |
| Short | Bitget SQQQUSDT | 34.650 | 0.0018 | get 0.0018% / 8h | 40m 25s | $2.9M | $1.2M | 20x |
GRVT SQQQ_USDT_Perp
Bitget SQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$12.18
- Price spread: −0.092% → +0.007%
- −$9.99
- Slippage, 4 orders
- −$22.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.93
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 62 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 GRVT live order book, 62 min ago | 4.32 bp | 8.8 bp −$9 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.44 bp | 12.1 bp −$12 | 24.8 bp −$248 | 70.8 bp −$7,081 | 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 | 34.630 | −0.150% | $785K | $582K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.640 | −0.121% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.690 | +0.023% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDTshort | +0.0018% | 8h | 34.650 | −0.092% | $2.9M | $1.2M | 20x | |
| GRVT SQQQ_USDT_Perplong | +0.0076% | 8h | 34.682 | long leg | $4K | $111K | 10x | |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.620 | −0.179% | $124K | $949K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0181% | 8h | 34.630 | −0.150% | $874K | $1.9M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0289% | 8h | 34.640 | −0.121% | $86K | $7K | 20x | as long as short |
| Binance SQQQUSDT | +0.0316% | 8h | 34.646 | −0.104% | $6.9M | $17.7M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0317% | 8h | 34.640 | −0.121% | $1.7M | $352K | 20x | as long as short |
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT